# KKR to acquire Calsonic Kansei for $4.5 billion

KKR is buying Japanese auto parts maker Calsonic Kansei Corporation from Nissan Motor and other shareholders for ¥498.3 billion ($4.5 billion). The tender offer is expected to begin in late February 2017.

- Type: Acquisition
- Announced: 2016-11-21
- Where: Japan
- Value: $4.50B (498.3B JPY)
- Status: announced
- Products: automotive parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Calsonic Kansei](https://endata.com/companies/1784.md) (target)
- [KKR](https://endata.com/companies/16879.md) (acquirer)
- [Nissan Motor](https://endata.com/companies/19742.md) (partner)

## Sources

- [autonews.com](https://www.autonews.com/article/20161121/OEM10/161129976/kkr-to-buy-nissan-backed-supplier-calsonic-for-up-to-4-5-billion/), 2016-11-21: "KKR to buy Nissan-backed supplier Calsonic for up to $4.5 billion"
- [global.nissannews.com](https://global.nissannews.com/en/releases/161122-02-e), 2016-11-22: "KKR and Nissan Motor Co., Ltd. today announced that CK Holdings Co., Ltd., an entity owned by investment funds controlled by KKR, intends to make a tender offer for all the existing shares of leading Japanese automotive components manufacturer Calsonic Kansei Corporation."
- [privateequityinternational.com](https://www.privateequityinternational.com/kkr-to-buy-nissan-backed-auto-parts-company-for-4-5bn/), 2016-11-23: "KKR is buying Japanese auto parts maker Calsonic Kansei Corporation from Nissan Motor and other shareholders in one of the biggest private equity deals in Japan in recent years."

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