Investment firm KKR has signed a definitive agreement to acquire a majority stake in bottling firm Refresco.
Refresco’s existing investors, PAI Partners and British Columbia Investment Management Corporation (BCI), will retain a significant minority position.
Hans Roelofs, CEO of Refresco, said, "We are very pleased to welcome KKR, one of the world’s most prominent investment firms, as our new majority owner. We are proud that PAI and BCI will continue as shareholders, which is a testament to our successful value creation."
