Keppel consortium to buy S Korean waste management firm EMK for $482m

Keppel consortium to buy S Korean waste management firm EMK for $482m

Keppel EMK

Keppel Infrastructure Trust (KIT), Keppel Asia Infrastructure Fund (KAIF), and Keppel Infrastructure (KI) are jointly acquiring Eco Management Korea Holdings (EMK), a South Korean waste management company, for ₩626.1 billion (about $482 million).

In a joint statement, the KIT-led consortium said the acquisition, which will be carried out through a special purpose vehicle, allows Keppel to expand into South Korea.

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