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Singapore manufacturer of fastening solutions for the energy and infrastructure sectors, majority-acquired by Navis Capital in 2014.
Tri-Star Industries Pte Ltd, founded in 1979 in Singapore, manufactures and supplies fastening solutions for energy and infrastructure, including bolts and nuts, cable support systems, cathodic protection systems and hydraulic bolt tensioning tools. Navis Capital Partners acquired a majority stake for USD 50 mn in July 2014. CEO Perry Lim leads the company, which sells to oil and gas and infrastructure clients in Nigeria, India, Europe and Central Asia. In fiscal 2024 it reported revenue of USD 56.94 mn and EBITDA of USD 2.09 mn.
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