KKR Sells Unisteel To Swiss Parts Maker SFS

Law360, New York (August 27, 2012, 3:54 PM EDT) -- Private investment heavyweight Kohlberg Kravis Roberts & Co. LP will sell Singaporean precision components maker Unisteel Technology International Ltd. to Switzerland's SFS Group for an undisclosed sum, the parties announced Monday.

The sale gives SFS control of Unisteel's six manufacturing facilities in China and Malaysia, which pump out fastening systems, metal components, plastic lenses and surface coatings for use in industries ranging from hard disk drives to automotive, according to a joint statement.

"Unisteel is an industry leader in the hard disk drive and mobile sectors,...
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