Sign in | Join free

Navis sells it chinese stake in garment firm trimco

Navis sells it chinese stake in garment firm trimco Source: www.chinatexnet.com
Date: 07-05-2012
Visits: 213
Very Poor

Private equity firm Navis Capital Partners said on Wednesday its Navis Asia Fund IV has sold its stake in Chinese garment label firm Trimco International to Switzerland's Partners Group, making a 10-fold return.
"Navis acquired its majority stake in Trimco back in 2005 for a total equity cost of $11.1 million, and the investment has generated an aggregate equity amount returned to Navis of $111.4 million in exit proceeds and dividends received over the seven-year holding period," Navis said in a statement.
Trimco, which was founded in Hong Kong, services garment manufacturers in China, India and Southeast Asia.
Navis, whose main office is in Malaysia, manages about $3 billion in equity capital commitments.
like 171 Unlike 19
Users Comments
No comments to display
Are you sure you want to delete this comment.
Add your comment
User Name:
Email: Will not be published
Rate This article:
Comment:
Maximum 3500 characters
Your name
Your email address
Your friend email address
  • /images/ourservices/125-600/pricetrend.jpg
  • /images/ourservices/125-600/product.jpg
  • /images/ourservices/125-600/videos.jpg
Suntex Asia Limited
32341 Users
have already joined suntexasia.com. Shouldn't you?
Full registration will provide you access to all our free services. It takes only one minute and it is free Go here
Quick registration (it's free)
Accesss to some of our free services
Select membership
Full Name
User Name
Email
Password
Enter the code
opwcx
(Note: If you can't read the letters, reload the page to generate a new one.)
terms and conditions
 
Members Login
Already registered
Email
Password
Forgot your password
golden fees
Enter your e-mail address
Choose your room