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On September 29, local time, KKR, a global investment agency, announced that its fund has signed a final agreement to make a majority equity investment in Cisternina Logistics Private Limited, an Indian bulk liquid and gas storage and logistics company. The investment will support Cisternina's acquisition of Ganesh Benzoplast Limited's liquid storage terminal and railway business and drive further expansion in India. KKR said that about 95% of India's foreign trade volume is completed through coastal infrastructure, and demand in the bulk liquid sector is expected to continue to grow over the next ten years.
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On September 29, local time, KKR, a global investment agency, announced that its fund has signed a final agreement to make a majority equity investment in Cisternina Logistics Private Limited, an Indian bulk liquid and gas storage and logistics company. The investment will support Cisternina's acquisition of Ganesh Benzoplast Limited's liquid storage terminal and railway business and drive further expansion in India. KKR said that about 95% of India's foreign trade volume is completed through coastal infrastructure, and demand in the bulk liquid sector is expected to continue to grow over the next ten years.
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