Portfolio: KKR and NVC China
KKR is targeting the short-video generation in the traditionally middle-aged world of home lighting fixtures with NVC China. But that hasn’t stopped the brick-and-mortar footprint from mushrooming
When KKR approached its first corporate carve-out in China in 2019, the parent company had hit the skids. Hong Kong-listed NVC Lighting’s founder, Changjiang Wu, had been convicted of embezzlement...
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