KKR Sells Its Remaining Stake in Masan Consumer to Parent Company Masan Group (Asia)

Source: KKR, Asian Venture Capital Journal  |  Author(s): Tim Burroughs

Global investment firm KKR has sold its remaining stake in Vietnam-based food and beverage company Masan Consumer to parent entity Masan Group. Masan Group’s agreement with Thailand-based beer producer Singha Asia to create a combined food and beverage platform facilitated KKR’s exit. KKR reportedly generated a return of more than 2x on its investments, which included a US$159 million investment in 2011 and a follow-on investment of US$200 million in 2013. Financial details of the transaction were not disclosed.