KKR Acquires Marmic Fire & Safety; Financial Terms Were Not Disclosed
Portfolio Pulse from Benzinga Newsdesk
KKR, a global investment firm, has acquired Marmic Fire & Safety from HGGC. Financial terms were not disclosed. All employees of Marmic will become owners in the company.
July 24, 2024 | 8:59 pm
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KKR has acquired Marmic Fire & Safety from HGGC. Financial terms were not disclosed. All employees of Marmic will become owners in the company.
The acquisition of Marmic Fire & Safety by KKR is likely to be viewed positively by investors as it expands KKR's portfolio in the fire safety sector. The move to make all employees owners could also be seen as a strategic decision to enhance employee engagement and performance.
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