Announced

KKR to invest in EGC.

Synopsis

KKR, a global investment firm, agreed to invest in EGC, a second-generation, family-owned and independent energy services provider. Financial terms were not disclosed. “The collaboration with KKR opens up completely new possibilities for us to further expand our strong market position and to develop our group of companies. In KKR, we have found a partner that shares both our strategic goals and our entrepreneurial approach. KKR is not only an established infrastructure investor, but also has a long history of working with family-run companies. We are very much looking forward to this next phase of growth with KKR, which will open up many new opportunities for our group and employees,” Corinna Pitz and Dirk Pitz, EGC Management Members.

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