# KKR to acquire 70% stake in NVC Lighting

KKR agreed to acquire a 70% stake in NVC Lighting Holding, a manufacturer and distributor of branded lighting products, valuing the company at $794 million. NVC will retain the remaining 30% stake.

- Type: Acquisition
- Announced: 2019-08-12
- Where: China
- Value: $555.8M
- Status: announced
- Products: lighting products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [KKR](https://endata.com/companies/16879.md) (acquirer)
- [NVC Lighting Holding](https://endata.com/companies/41274.md) (target)

## Sources

- [penews.com](https://www.penews.com/articles/kkr-to-take-70-stake-in-chinas-nvc-lighting-20190812), 2019-08-12: "KKR has agreed to acquire a 70% stake in China’s NVC Lighting Holding, valuing the company at $794m."

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