Longreach to acquire Amazon Papyrus Chemicals from Navis Capital Partners.

Longreach, an independent private equity firm with offices in Hong Kong and Tokyo, agreed to acquire Amazon Papyrus Chemicals, a specialty process chemical solution provider, from Navis Capital Partners, a private equity firm. Financial terms were not disclosed. "When we invested in Amazon Papyrus, our objective was to bring Navis expertise to enhance the operational efficiency and market position of an already outstanding business. We worked closely with our management partners to accomplish this objective. The business performed strongly throughout Covid-19, demonstrating the strength of management and the resilience of the business model. We wish the management team all the best as Amazon Papyrus embarks on the next stage of its growth journey with The Longreach Group," Rodney Muse, Navis Capital Managing Partner.