# KKR completes tender offer for Hitachi Transport System

KKR completed its tender offer for Hitachi Transport System Ltd., acquiring approximately 51.11% of shares. The acquisition will result in KKR owning 100% of HTS through a squeeze-out process, and HTS will be renamed LOGISTEED, Ltd. from April 1, 2023.

- Type: Acquisition
- Announced: 2022-11-30
- Where: Japan
- Status: completed
- Products: third-party logistics services
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [KKR](https://endata.com/companies/16879.md) (acquirer)
- [Hitachi Transport System](https://endata.com/companies/34814.md) (target)

## Sources

- [nasdaq.com](https://www.nasdaq.com/press-release/kkr-completes-tender-offer-for-hitachi-transport-system-2022-11-30), 2022-11-30: "KKR announced today that its tender offer for the common shares of Hitachi Transport System Ltd. concluded on November 29, 2022."

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