# KKR to acquire Hyperion from Sandvik for 4 billion SEK

KKR agreed to buy industrial tool components manufacturer Hyperion from Sandvik for 4 billion Swedish crowns.

- Type: Acquisition
- Announced: 2017-12-08
- Where: Japan
- Value: $470.0M (4.00B SEK)
- Status: announced
- Products: industrial tool components
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hitachi](https://endata.com/companies/1325.md) (partner)
- [Sandvik](https://endata.com/companies/6190.md) (partner)
- [KKR](https://endata.com/companies/16879.md) (acquirer)
- [Hyperion](https://endata.com/companies/17997.md) (target)
- [Hitachi Kokusai Electric](https://endata.com/companies/28720.md) (target)

## Sources

- [reuters.com](https://www.reuters.com/article/business/kkr-to-buy-tool-components-maker-hyperion-from-sandvik-idUSKBN1E22KI/), 2017-12-08: "We like the industry and we think this is a neat company with lots of additional potential"
- [asia.nikkei.com](https://asia.nikkei.com/business/activist-fund-ushers-in-a-new-era-of-japanese-m-a), 2017-12-11: "After several twists and turns, U.S. investment fund KKR has managed to successfully complete its tender offer for Hitachi Kokusai Electric."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.