KKR to acquire Ritchies Transport.

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.