KKR – Acquisition of Minnesota Rubber and Plastics

Global private equity firm KKR has announced the acquisition of Minnesota Rubber and Plastics (“MRP”) from investment firm Norwest Equity Partners. Financial details of the transaction have not been disclosed, but KKR is funding the transaction through KKR’s Americas XII Fund. Based in the US, MRP offers highly engineered elastomer and thermoplastic solutions for medical, water, industrial and other end markets globally.