Announced
Financials
Sources
Tags
Japan
Private Equity
Single Bidder
Acquisition
Pending
Private
chemical storage tank
Storage Terminals
Majority
Domestic
Friendly
Synopsis
KKR, an investment firm, agreed to acquire Central Tank Terminal, a chemical storage tank operator, from Macquarie Infrastructure and Real Assets, an investment management services provider. Financial terms were not disclosed. “We are pleased to mark our first infrastructure investment in Japan with a leading business like CTT. We view this as the latest milestone for KKR in the market and believe this underscores our ability to leverage our experience and access to best global business practices to help take Japanese businesses to their next stage of growth across industries and sectors,” Hiro Hirano, KKR Japan CEO.
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