KKR to set up auto parts JV with South Korea's LS Group, buy materials business

KKR to set up auto parts JV with South Korea's LS Group, buy materials business

Co-CEO of KKR, Henry R. Kravis at Trump Tower in New York, U.S., January 12, 2017. REUTERS/Mike Segar

U.S. buyout firm KKR & Co has agreed to set up an auto parts joint venture with South Korea’s LS Group and buy LS materials business – a deal that follows its purchase of Nissan Motor supplier Calsonic Kansei last year.

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