Apollo Funds Completes Acquisition of Nippon Sheet Glass
Key Facts
Apollo announced the successful completion of the acquisition of Nippon Sheet Glass Co., Ltd. (NSG) by Apollo managed funds. GlobeNewswire reported that the firm has launched a new management structure for the global glass leader, marking the start of its next growth phase across the architectural, automotive, and solar glass sectors.
The transaction is intended to strengthen the financial foundation of Nippon Sheet Glass while accelerating investments in technology and personnel. Tetsuji Okamoto, Lead Partner for Asia Pacific Private Equity at Apollo, stated that the firm will leverage its prior investment experience in the manufacturing and automotive sectors to build a more robust and sustainable business foundation.