KKR completed the acquisition of a majority stake in Etche France from BMF Group.

KKR & Co completed the acquisition of a majority stake in Etche France, a private real estate company which owns and operates assets across France in the logistics, light industrial, office sectors, from BMF Group, a French real estate company. Financial terms were not disclosed. "This transaction with KKR is not only a great opportunity for Etche but also a recognition of the quality of work delivered by our team. It will give us the chance to broaden our horizons. Etche will remain a nimble company with the financial strength and expertise of a major one. This deal began while Jean-Pierre Raynal was still amongst us and he would be delighted with this outcome," Léon Baruc, Etche CEO.