THE NETHERLANDS - KKR and CVC close Rotterdam waste management deal

A consortium led by Kohlberg Kravis Roberts & Co. (KKR) and CVC Capital Partners (CVC) today announces that the transfer of 100% of the share capital in AVR for a total enterprise value of EUR 1.4bn from the Municipality of Rotterdam has taken place. The Rijnmond municipalities, part of AVR’s main subsidiary, AVR Rijnmond, have also decided to be fully acquired by the consortium giving AVR a greater national presence.