KKR sold a 25% stake in South Staffordshire to Mitsubishi.

KKR sold a 25% stake in South Staffordshire, a regulated water company, to Mitsubishi, a global integrated trading company which develops and operates businesses across a variety of industries. Financial terms were not disclosed. Jesús Olmos, Chairman of South Staffordshire Plc and Head of European Infrastructure at KKR, said: “KKR has built a strong track record of investing in infrastructure, including in water supply and distribution. South Staffordshire Plc has established a reputation of providing excellent quality water, through a secure and reliable supply, with high levels of customer service, fair pricing and environmentally sustainable operations. We look forward to the partnership with the Mitsubishi Corporation to support South Staffordshire Plc and its management in maintaining its reputation as a first-class operator.”