KIRKBI A/S agreed to acquire 49.8% stake in Välinge Holding AB from KKR & Co. L.P. (NYSE:KKR) in year 2017. Following the acquisition, KIRKBI will have a significant minority share in Välinge alongside Pervanovo Invest AB that will maintain its majority ownership of 50.2% in Välinge.

The transaction is subject to the satisfaction of closing conditions and will be consummated subsequent to December 31, 2017. Danske Bank A/S acted as a financial advisor to KIRKBI A/S. Rothschild Inc. acted as financial advisor to KKR & Co. L.P. Mannheimer Swartling acted as legal advisor to Valinge Innovation AB.

Cederquist acted as legal advisor to Kirkbi A/S. Roschier acted as legal advisor to Kohlberg Kravis Roberts & Co. L.P.