Private equity firm KKR & Co Inc said on Monday it had hired former Danaher Corp executive Dan Daniel to bolster its team that focuses on acquiring and operating industrial businesses in the United States.
) executive Dan Daniel to bolster its team that focuses on acquiring and operating industrial businesses in the United States.
He added that the coronavirus-induced economic slowdown presents opportunities for KKR to acquire companies. Daniel managed Danaher’s industrial technologies and life sciences portfolios until 2017, and subsequently ran the company’s diagnostics and dental divisions. KKR said its upcoming industrial acquisition will be made through its flagship $13.9 billion Americas Fund XII.
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