Report: KKR eyes IPO for Logisteed (previously known as Hitachi Transport System)

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NIKKEI ASIA reports:

“A fast-moving program of acquisitions and structural reform under private equity firm KKR’s ownership has helped Logisteed [previously known as Hitachi Transport System] approach 1 trillion yen ($6.4 billion) in revenue and aim for a return to public markets, even in a turbulent environment.”

As reported by DeskOne under the ’Market’ ticker, this comes less than two years after KKR completed its multi-billion buyout of Hitachi Transport System in April 2023.

More details are not available at the moment, but ...