KKR to buy 50 percent of Välinge

KKR has signed three agreements to buy 50 percent of Välinge. KKR, through the agreements, is buying two 20 percent stakes owned by current minority owners, Kronospan and Swiss Krono Group, as well as a 10 percent stake held by the founder. Financial terms weren’t announced. Välinge, of Sweden is an R&D company in the flooring and furniture industries.

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