M/17/31 KKR and JIP/Hitachi Kokusai Electric
Transaction details
The proposed acquisition by KKR & CO. L.P. and Japan Industrial Partners, INC. of joint control of Hitachi Kokusai Electric INC’s Video and Communication Solutions Business has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Wednesday May 31, 2017 | Wednesday, July 5, 2017 |
| Parties Involved | Business activities |
|---|---|
| KKR & CO. L.P. | KKR & CO. L.P. is a global investment firm, which offers a broad range of alternative asset funds and other investment products to investors and provides capital market solutions for the firm, its portfolio companies and other clients. |
| Japan Industrial Partners, INC. | Japan Industrial Partners is a private equity firm specialising in investing in turnaround, buyouts and carve-out investments. Japan Industrial Partners primarily invests in the manufacturing sector, including food, distribution and services. |
| Hitachi Kokusai Electric INC's Video and Communication Solutions Business | Hitachi Kokusai Electric INC's Video and Communication Solutions Business manufactures and sells various systems products and business solutions to address the business and management needs of its customers on a global scale. |
| Economic sector | Media merger |
|---|---|
| Video and Communication Solutions | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Wednesday, June 14, 2017 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Barry O'Donnell | Email: BarryODonnell@ccpc.ie |
Media enquiries: MKC Communications: 01 7038600
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