Mitsui acquired a 22% stake in Panasonic Healthcare from KKR for $510m.

Mitsui, one of Japan’s largest diversified corporations, acquired a 22% stake in Panasonic Healthcare, a global provider of healthcare devices, from KKR for $510m. Hiro Hirano, Member & CEO of KKR Japan, said, “Since 2014, we have worked closely with Panasonic Healthcare’s strong management team to grow the company and capture new opportunities at home and across borders. There is still much that can be done, and we will continue to support the company’s long-term growth. The partnership with Mitsui will greatly enhance the global opportunities for PHCHD.”