NEWS

Global investment firm KKR and Ramky Enviro Engineers Limited - provider of environmental services and solutions in India and overseas, on Monday announced the completion of their previously announced transaction. Under the terms of the transaction, KKR has acquired a 60 per cent stake in Ramky Enviro for Rs 3630crore via a combination of primary and secondary investments. In addition to investing in Ramky Enviro from its KKR Asian Fund III, the investment is part of KKR’s Global Impact strategy, which is focused on identifying and investing behind businesses with positive social or environmental impact that measurably contribute solutions to one or more of the United Nations Sustainable Development Goals.