(CercleFinance.com) – A-Gas, a specialist in the supply and lifecycle management of refrigerant gases, today announced that its owners, including majority owner KKR, have entered into a definitive agreement to sell a majority stake in the company to TPG Rise Climate.
KKR will remain a significant minority shareholder in the business, continuing to work in conjunction with TPG Rise Climate and the A-Gas management team.
The transaction is expected to close by the end of 2023, subject to customary closing conditions, including certain regulatory approvals. Additional terms of the transaction were not disclosed.
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