
CEBU, Philippines -- Southeast Asian private equity firm Navis Capital Partners is selling its entire stake in Adampak, a Singapore-based provider of high-quality labels and precision die-cut parts, to Japan's Oji Imaging Media.
Financial details of the sale were not disclosed. Founded in 1979, Adampak was listed on the SGX-SESDAQ in 2004, upgraded to the main section of the SGX in 2007 and subsequently taken private by Navis in June 2012 for approximately $88 million.