Vietnam’s Masan in largest equity deal

Kohlberg Kravis Roberts & Co (KKR), a US-based global investment firm, has made the largest private equity deal in Vietnam’s history by investing $200 million in noodle and fish sauce retailer Masan Consumer Corp. The major purchase comes shortly after the firm established its presence in Southeast Asia by opening up an office in Singapore.

The investment is the second KKR has made into Masan Consumer following an initial purchase of $159 million in April 2011, representing 10 per cent of the company in what was then the largest private equity deal.

Masan Consumer is a privately held company under Masan Group Corp, one of Vietnam’s largest private sector business groups with a market value of $3.6 million and a diverse portfolio of operations that include mining and financial services.

Masan Group had plans of making a listing in Singapore worth up to $1.5 billion in late 2012 or early 2013, but the plan was ultimately put on hold because of market volatility.

KKR’s second investment will be made from its pan-Asian fund, and comes just after the firm completed its second fund worth $6 billion, the largest ever raised for the region.

KKR manages more that $66 billion in global assets and has recently upped its position with Singapore-listed Chinese water recycling firm United Envirotech by injecting an additional $40 million.



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Kohlberg Kravis Roberts & Co (KKR), a US-based global investment firm, has made the largest private equity deal in Vietnam’s history by investing $200 million in noodle and fish sauce retailer Masan Consumer Corp. The major purchase comes shortly after the firm established its presence in Southeast Asia by opening up an office in Singapore. The investment is the second KKR has made into Masan Consumer following an initial purchase of $159 million in April 2011, representing 10 per cent of the company in what was then the largest private equity deal. Masan Consumer is a privately held company under...

Kohlberg Kravis Roberts & Co (KKR), a US-based global investment firm, has made the largest private equity deal in Vietnam’s history by investing $200 million in noodle and fish sauce retailer Masan Consumer Corp. The major purchase comes shortly after the firm established its presence in Southeast Asia by opening up an office in Singapore.

The investment is the second KKR has made into Masan Consumer following an initial purchase of $159 million in April 2011, representing 10 per cent of the company in what was then the largest private equity deal.

Masan Consumer is a privately held company under Masan Group Corp, one of Vietnam’s largest private sector business groups with a market value of $3.6 million and a diverse portfolio of operations that include mining and financial services.

Masan Group had plans of making a listing in Singapore worth up to $1.5 billion in late 2012 or early 2013, but the plan was ultimately put on hold because of market volatility.

KKR’s second investment will be made from its pan-Asian fund, and comes just after the firm completed its second fund worth $6 billion, the largest ever raised for the region.

KKR manages more that $66 billion in global assets and has recently upped its position with Singapore-listed Chinese water recycling firm United Envirotech by injecting an additional $40 million.



Support ASEAN news

Investvine has been a consistent voice in ASEAN news for more than a decade. From breaking news to exclusive interviews with key ASEAN leaders, we have brought you factual and engaging reports – the stories that matter, free of charge.

Like many news organisations, we are striving to survive in an age of reduced advertising and biased journalism. Our mission is to rise above today’s challenges and chart tomorrow’s world with clear, dependable reporting.

Support us now with a donation of your choosing. Your contribution will help us shine a light on important ASEAN stories, reach more people and lift the manifold voices of this dynamic, influential region.

$
Personal Info

Donation Total: $10.00

 

 

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