Kohlberg Kravis Roberts & Co. L.P. is to acquire a 12.5% equity stake in Saba Infraestructuras www.saba.eu, an operator of car parks and logistics parks.
KKR will join the shareholder consortium comprised of Criteria CaixaHolding (55.7% equity stake post KKR entry), Torreal (20%) and ProA Capital (10.5%) to further expand the business.
Saba Infraestructuras, which is the result of a spin-off from Abertis, the publicly listed European infrastructure conglomerate, is present in Spain, Italy, Chile, Portugal, France and Andorra operating two businesses:
– Saba Aparcamientos, which manages 195 car parks in a portfolio across 80 cities and towns in Spain, Italy, Chile, Portugal, France and Andorra, and
– Saba Parques Logísticos, which operates a network of 10 logistic parks across Spain, in both core metropolitan areas and outer circles.
Saba Infraestructuras is led by President Salvador Alemany.
FinSMEs
21/11/2011