KKR Buys Into Spain’s Saba Infraestructuras

International investment firmKohlberg Kravis Roberts & Co.(KKR) has acquired a 12.5 percent holding inSaba Infraestructurasand in the process joined a group of Spanish firms as a co-owner,AltAssetsreports. Saba Infraestructuras, a Spanish operator of car parks and logistics parks, was earlier spun off fromAbertis, a publicly listed European infrastructure group.

Financial details of the transaction were not revealed. The other shareholders of Saba Infraestructuras areCriteria CaixaHolding, private investment firmTorrealand mid-market private equity groupProA Capitalwhich will own 55.5 per cent, 20 per cent and 10.5 per cent stakes respectively after KKR’s investment is complete. KKR had $58.7 billion in assets under management as of September 30, 2011. Criteria CaixaHolding, a savings bank, is a wholly-owned subsidiary oflaCaixagroup.

Click here for the story fromAltAssets。