Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 31 n° 301

Posts Tagged ‘kkr’

KKR Completes Acquisition of Ramky Enviro Engineers

Posted by fidest press agency su mercoledì, 13 febbraio 2019

Global investment firm KKR and Ramky Enviro Engineers Limited (“REEL” or the “Company”), a leading provider of environmental services and solutions in India and overseas, today announced the completion of their previously announced transaction. Under the terms of the transaction, KKR has acquired a 60% stake in REEL for approximately US$510 million via a combination of primary and secondary investments. In addition to investing in REEL from its KKR Asian Fund III, the investment is part of KKR’s Global Impact strategy, which is focused on identifying and investing behind businesses with positive social or environmental impact that measurably contribute solutions to one or more of the United Nations Sustainable Development Goals.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

KKR Completes Investments in LS Group’s Auto Parts and Copper Foil Businesses

Posted by fidest press agency su giovedì, 8 marzo 2018

LS Group (“LS”), one of South Korea’s largest diversified corporations, and KKR, a leading global investment firm, today announced that KKR has completed its investment in LS Automotive (“LSA”), an electrical auto parts maker for the global automotive industry, and has completed the acquisition and carve-out of KCF Technologies Co., Ltd. (“KCFT”), the copper foil and flexible copper clad laminate business formerly known as LS Mtron. By leveraging KKR’s expertise and global network, KKR’s partnership with LSA and KCFT will accelerate the companies’ growth in domestic and overseas markets, help to penetrate new verticals, and increase sales in existing markets. Further, KCFT will leverage KKR’s expertise in completing complex, strategic carve-outs from corporations worldwide and supporting these companies in operating as independent entities.Hyoung Seok Lim and Chung Ho Park, Managing Directors at KKR, said, “LS Automotive and KCF Technologies are world-class businesses and leaders in their respective fields. We are excited to partner with their management teams to support long-term growth as the auto industry rapidly evolves and global customers increasingly seek environmentally friendlier automobiles.”
“This milestone for LS Group enables us to strengthen our focus on our core businesses while finding an exceptional, long-term partner for our copper foil business. With such a high-caliber partner by our side, we are confident in LS Automotive and KCF Technologies’ ability to meet their full potential in the years to come,” said Joon-woo Lee, Senior Vice President of LS Corp.
Dr. Young-tae Kim, CEO of KCFT, added, “Our partnership with KKR is transformational in that KCF Technologies will operate as a standalone company for the first time in its history. We’re thrilled to work alongside KKR given its track record of carving-out and helping companies operate independently by driving sustainable operational improvements. Together, we look forward to delivering great value to existing customers while expanding into new segments under our fresh brand.”Established in 1973, LSA is a leading auto parts company in South Korea that has successfully established globally competitive positions in high-growth auto component segments including switches, interior lamps and human machine interface (“HMI”) systems, and electrical and electronics components such as power seat modules, electrical control units, sensors and relays. LSA is the top Tier-1 supplier of HMI components to Hyundai Kia Motors, as well as major global original equipment manufacturers (“OEMs”) in the U.S. and Japan, and leading local OEMs in China and India.KCFT manufactures and sells copper foils for large capacity lithium-ion batteries for electric vehicle (“EV”) applications and mobile devices. The copper foil business for EV battery applications is expected to be among the fastest-growing segments of the auto industry due to rising demand for environmentally friendlier transportation. KCFT supplies global EV battery leaders including LG Chemical and major battery manufacturers in Japan and China.

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »

David Lang to Join KKR as a Member in Australia

Posted by fidest press agency su lunedì, 23 ottobre 2017

David_LangSydney. Mr. Lang joins KKR from Pamplona Capital Management, a US$10 billion global private equity fund where Mr. Lang was a partner and founding member. With 20 years of industry experience, he has successfully invested across a diverse range of sectors – from consumer staples and retail, to industrials and infrastructure.“We are thrilled to have an Australian of David’s impressive calibre and experience join our team in Sydney,” Scott Bookmyer, Member & Head of KKR Australia, said. “After spending the past 15 years in Europe and the United States, he brings back a wealth of relationships and best practices to his home market. David personifies the global & local nature of KKR’s strengths and enables us to offer an even greater array of flexible capital solutions to local institutions and entrepreneurs. David’s arrival, and appointment as a fellow Member to help me lead the team, reinforces KKR’s long-term commitment to the vibrant Australian market.”Mr. Lang said, “I am excited to return home after 15 years and join an investment firm with such an outstanding reputation and established presence in the region. Australia is a dynamic market and I am convinced there is growing demand for entrepreneurs, family-owned businesses and corporate CEOs to find like-minded partners to help them expand domestically and abroad. With KKR’s experienced team and vast global network, we will continue to forge such partnerships and I will be focused on continuing to build on the firm’s success in Australia.” KKR has been investing in Australia through its pan-regional private equity funds since 2006 and opened its office in Sydney in 2007. As the Australian economy offers opportunities to invest in high-quality companies poised for expansion domestically and overseas, the country plays an important role in KKR’s Asia Pacific strategy. To date, KKR has deployed more than A$3 billion across its Private Equity, Credit, Energy & Resources and Real Estate businesses. KKR’s existing private equity investments include Dixon Hospitality, Latitude Financial Services, Laser Clinics Australia, Santanol and Sundrop Farms. (photo: David Lang)

Posted in Estero/world news | Contrassegnato da tag: , , | Leave a Comment »