Announced
Financials
Sources
Tags
Friendly
Acquisition
Private Equity
Private
Single Bidder
Majority
Cross Border
transportation operator
Pending
New Zealand
Transportation Services
Synopsis
KKR agreed to acquire Ritchies Transport, a transportation operator in New Zealand. Financial terms were not disclosed. “For over 80 years, Ritchies Transport has been the trusted provider of local and regional transport in communities across New Zealand, and we are excited to invest in a successful, leading business like Ritchies and work alongside its talented management team. Our investment also reiterates KKR’s strong commitment to investing in critical infrastructure assets in New Zealand and globally through our expanding portfolio," David Luboff, KKR Partner and Head of Asia Pacific Infrastructure.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.