KKR is to acquire a majority stake in Refresco, one of the largest independent beverage contract manufacturers in the world.
Refresco’s existing investors, PAI Partners and British Columbia Investment Management Corporation (BCI), are maintaining a significant minority position in the business.
Terms of the transaction, which is subject to closing conditions, have not been disclosed.
KKR is making this investment primarily through its Global Infrastructure strategy, which was established in 2008.