KKR has agreed to buy Capital Safety, a maker of safety equipment for construction, energy, and other industries, from Arle Capital Partners for $1.1 billion.
In announcing the deal, KKR said that it views the acquisition of Red Wing, Minnesota-based Capital Safety-which makes safety harnesses, rescue equipment, and various other products-to tap into industrial companies’ increasing emphasis on worker safety in the United States and abroad, particularly in emerging markets.
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