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Simpson Thacher says it is advising KKR on a majority investment in Cisternina
Simpson Thacher said it is advising a KKR affiliate on a majority investment in Cisternina Logistics, a bulk liquid and gas storage and logistics business in India. The firm said the investment will support Cisternina’s proposed purchase of Ganesh Benzoplast’s liquid storage terminal and rail business and further expansion in India.
Key points
- Simpson Thacher said Cisternina was established in 2024.Simpson Thacher
- The firm said the business serves energy, chemicals, bulk liquids and edible-oil customers.Simpson Thacher
- Simpson Thacher said expansion plans include acquisitions and new storage infrastructure.Simpson Thacher
- The firm identified Ian Ho, Carolyn Wong and Paul Kim as members of its M&A team.Simpson Thacher