To boost specialty films industry, KKR agreed to invest in leading specialty films producer Charter Next Generation (CNG). The films produced by CNG used in flexible packaging, industrial, healthcare, and consumer applications.
- KKR will be joining Leonard Green & Partners, L.P. as an equal co-owner of the business, and a wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA) will also be investing in the transaction to become a minority owner.
- CNG manufactures high performance specialty films focused especially on the critical inner lining of packaging, protecting foods and other goods by creating heat resistance, sterility, oxygen and odor barriers, UV shields, moisture protection, and more.
- These specialty films also allow for recyclability, compostability, and the use of post-consumer resin. In addition, CNGs high-performance, specialty films are used in a variety of other industrial, healthcare, and consumer applications.
The major investments and acquisitions by KKR are feature below:
April 2021: In order to strengthen health and nutrition portfolio, Nestlé and KKR have entered into an agreement in which Nestlé will acquire core brands of The Bountiful Company for USD 5.75 billion. The deal includes the high-growth brands Nature’s Bounty, Solgar, Osteo Bi-Flex and Puritans Pride.
April 2021: To expand in China, KKR has invested in Adopt A Cow. China based Adopt A Cow, a fast-growing, direct-to-consumer dairy company. The new funding will accelerate the construction of modernized dairy farms and smart production factories.
April 2021: To drive digital transformation, KKR funds to lead a $500 million investment in Box.Inc. Redwood City, California based Box, is a leading cloud content management platform that enables organizations to accelerate business processes, power workplace collaboration, and protect their most valuable information.
Feb 2021: To accelerate network connectivity in Chile, KKR has entered into an agreement with Telefónica, a telecommunications company. The deal helps to establish Chiles first open access wholesale fiber optics company.
Nov 2020: The leading equity investment company KKR & Co. Inc. and e commerce firm Rakuten, Inc., announced to purchase a majority stake in Seiyu GK, from global retail company Walmart Inc for approximately $1.6 billion. The deal helps in digital transformation of Japanese Retail.
Nov 2020: To expand in Philippines KKR announced to invest in Pinnacle Towers Pte. Ltd. The investment advance the companys mission to build the leading independent telecom tower platform in the Philippines. Pinnacles principal subsidiary is Frontier Tower Associates Philippines, Inc. (FTAP).
Sep 2020: KKR announced to invest approximately $834 million into Reliance Retail Ventures Limited (RRVL), a subsidiary of Indian energy giant Reliance Industries. KKRs investment will translate into a 1.28% equity stake in RRVL on a fully diluted basis.
July 2020: Indias leading pharmaceutical company J.B. Chemicals & Pharmaceuticals announced that KKR a global investment firm has entered into an agreement to purchase a controlling stake in the company.
June 2020: KKR-Led consortium that also includes Temasek had announced an investment of approximately $650 million in Vinhomes Joint Stock Company, the leading integrated real estate developer in Vietnam. The KKR-led consortium has collectively acquired 6 percent equity stake in Vinhomes.
June 2020: KKR had completed the acquisition of OverDrive from Rakuten. OverDrive, is a leading digital reading platform for libraries and schools.
May 2020: A leading data center entrepreneur Franek Sodzawiczny and investment firm KKR announced the formation of Global Technical Realty (GTR), a build-to-suit and roll-up acquisition data center platform in Europe. KKR made a $1 billion equity capital commitment for GTR.
May 2020: Jio Platforms Limited is Indias leading digital services platform and wholly-owned subsidiary of Reliance Industries Limited, announced that KKR invested approximately $1.7 billion into Jio Platforms. This is KKRs largest investment in Asia and translated into a 2.32% equity stake in Jio Platforms on a fully diluted basis.
April 2020: Texas based digital solution provider o9 Solutions, Inc. announced a minority equity investment from KKR. o9s AI-powered Integrated Business Planning platform helps leading global enterprises drive digital transformation and increasing their revenue.
February 2020: KKR, IGIS Asset Management is a Koreas largest real estate fund manager, and leading Korean real estate developer SK D&D announced their acquisition of Namsan Square, an office tower located in the central business district of Seoul, from a real estate investment trust operated by KOREIT, a domestic asset manager in Korea.
KKR (Kohlberg Kravis Roberts & Co), headquartered in New York, United States, is a worlds leading investment firm. The company manages a board range of assets including private equity, energy, infrastructure, real estate and credit, with strategic partners that manage hedge funds. The company invests its own capital alongside the capital it manages for fund investors and provides financing solutions and investment opportunities through its capital markets business globally.