KKR To Acquire Majority Stake In Pallet Pooling Platform LEAP India

KKR To Acquire Majority Stake In Pallet Pooling Platform LEAP India

SUMMARY

KKR has not disclosed the deal value for acquiring LEAP India. The transaction is expected to be completed by Q3 2023

LEAP India operates a network of 21 warehouses, over 3,500 locations, and manages more than 6 Mn total assets for its customers

KKR said that following the deal, it will leverage its deep infrastructure experience, operational expertise, and global networks to help LEAP achieve its next stage of transformation

Global investment firm KKR is acquiring majority stake in Indian pallet pooling platform LEAP India. The deal value remained undisclosed.

The acquisition of LEAP marks KKR’s latest infrastructure investment in India following its past deals in Hero Future Energies, Serentica Renewables, and Virescent Infrastructure, among others.

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