IFLR1000

KKR ¥59 billion acquisition of Pioneer DJ

1/3/2015
Private acquisition
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¥ 59 billion

$ 551 million

Announced

1/3/2015

Overview:

  • Kohlberg Kravis Roberts & Co has acquired Pioneer Corporation's DJ equipment business for ¥59 billion.
  • Pioneer DJ develops and markets equipment for DJs including mixers, CD players, headphones and speakers.
  • The deal comes about as Pioneer looks to focus on its automotive electronics business.

Sam Duke - Editor

Jurisdiction:

Japan

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Industry sector:

Consumer goods and services

Firm:
Simpson Thacher & Bartlett

Party: Kohlberg Kravis Roberts & Co (KKR) (Acquirer)

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