KKR acquires New Zealand’s Natural Pet Food Group through Asian fund
Photo: Fernando Jorge/ Unsplash.com
May 3, 2021
Private equity giant KKR & Co announced that it has acquired New Zealand-based premium pet food company Natural Pet Food Group for an undisclosed amount.
The acquisition will be funded by KKR Asian Fund IV, the PE firm’s $15-billion Asia-focused buyout fund.
Natural Pet Food Group CEO Neil Hinton said the acquisition will allow the company to grow internationally, develop new products, and take its brands to new customers and new markets.
Launched in 2006, the company sells pet food through its dog and cat brands K9 Natural, Feline Natural, and Meat Mates. The company’s pet food is produced from grass-fed and free-range meat, cage-free chicken, and sustainable seafood.
LOGOS launches new Australia venture with KKR, Mubadala
Waterfront in Brisbane, Aus. Photo: Yoann Laheurte/unsplash
April 15, 2021
Australian logistics property group LOGOS has announced the launch of a new venture with private equity giant KKR & Co and Abu Dhabi state investor Mubadala Investment Company to acquire and develop logistics facilities across Australia.
LOGOS did not disclose the amount invested by KKR and Mubadala into the joint venture but said KKR made its investments from its Asia Real Estate Partners fund, which closed at $1.7 billion in January.
The Sydney-based real estate firm has seeded the venture with an 18.2-hectare development site in Wacol, Brisbane that it acquired from Fletcher Building.
KKR leads $60.6m funding in Japan’s largest QR code payment gateway Netstars
Image from Netstars website.
April 14, 2021
Netstars Co Ltd, the operator of Japan’s largest QR code payment gateway, has raised 6.6 billion yen ($60.6 million) in its latest funding round led by private equity giant KKR & Co, according to an announcement.
KKR made a 4 billion yen investment through funds it manages. Hong Kong-based investment firms SIG and LUN Partners also participated in the round, which was made through a combination of capital infusion and allotment of new shares.
Netstars, a payments aggregator and fintech company headquartered in Tokyo, operates StarPay, a payments aggregation solution that integrates payment providers into a single device or software platform.
It is the latest venture for Logos, which is now backed by ARA Asset Management after the Singaporean investment house took a majority stake a year ago, buying out Macquarie’s position.
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