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KKR & Co. (KKR) Reports Acquisition of Majority Stake in Etche France
May 26, 2020 5:48 AM EDTKKR (NYSE: KKR) and Etche France (Etche), announced that KKR has acquired a strategic stake in Etche from Groupe BMF and co-founders. Etche is a private real estate company, founded in 2010 by the late Jean-Pierre Raynal and Léon Baruc, that owns and operates a portfolio of over 120 assets (400m GAV) across France in the logistics, light industrial and office sectors.
The transaction will further expand KKRs real estate presence and capabilities in France, with an increased focus on driving growth in the industrial and logistics (I&L) sector through Etche.
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