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Synopsis
HK Holdings, 3d printers provider and an entity owned by KKR investment funds, has acquired Hitachi Koki, leading power tool and life science equipment manufacturer. Financial terms were not disclosed. "We welcome KKR as a world‐class investor to support Hitachi Koki’s growth as an independent company. KKR has a great track record of helping Japanese companies enhance their innovation and scope as a stand-alone business, and we look forward to capturing new opportunities in the global power tools industry alongside KKR’s team globally and in Japan." Osami Maehara, Hitachi Koki President & Representative Executive officer.
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