# KKR to acquire Magneti Marelli for $7.1 billion

Investment firm KKR will acquire Magneti Marelli from Fiat Chrysler for $7.1 billion and merge it with its portfolio company Calsonic Kansei.

- Type: Acquisition
- Announced: 2018-10-22
- Value: $7.10B
- Status: announced
- Products: car parts
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Calsonic Kansei](https://endata.com/companies/1784.md) (partner)
- [Fiat Chrysler Automobiles](https://endata.com/companies/14862.md) (partner)
- [KKR](https://endata.com/companies/16879.md) (acquirer)
- [Magneti Marelli](https://endata.com/companies/21832.md) (target)

## Sources

- [nytimes.com](https://www.nytimes.com/2018/10/22/business/dealbook/kkr-magneti-marelli.html), 2018-10-22: "The investment group KKR will pay 16 times next year’s earnings for Magneti Marelli."

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