After turning around the performance of Elster Group and making divestments last year, London-based investment firm Melrose Industries is ready to start making acquisitions, Bloomberg reported.
Melrose Industries
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KKR & Co announced acquisition for Crosby Group and Acco Material Handling Solutions valued USD1 billion, said a Reuters report.
KKR & Co LP would soon reach a deal to acquire Crosby Group LLC in a transaction valued USD1 billion, said two sources familiar with the matter.
The purchase of Elster helped Melrose Industries increase its revenues for the first half of this year.
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