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KKR sells Singapore's Unisteel Technology to Swiss SFS Group
August 27, 2012 / 4:15 AM / 5 years ago

KKR sells Singapore's Unisteel Technology to Swiss SFS Group

HONG KONG, Aug 27 (Reuters) - Switzerland’s SFS Group has agreed to buy Singapore’s Unisteel Technology International Ltd from private equity fund KKR & Co L.P., Unisteel’s management and employees for an undisclosed sum, the three companies said in a joint statement on Monday.

KKR acquired Unisteel in 2008 for $575 million, Reuters reported at the time.

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