KKR agrees to sell CTT and CTK to institutional investors

Funds managed by KKR have signed separate agreements to sell Central Tank Terminal Co., Ltd. (CTT) in Japan and Central Terminal Korea Co., Ltd. (CTK) in South Korea to institutional investors. KKR announced the transactions on September 29, 2026. The parties did not disclose the financial terms, and the sales remain subject to customary closing conditions.

KKR bought CTT in 2021 and added CTK in 2023. Founded in 1966 in Kobe, CTT runs 12 tank-storage terminals in Japanese industrial areas, including Kawasaki, Yokohama, Osaka, Kobe, and Hiroshima. The business has more than 450 tanks and over 420,000 kiloliters of storage capacity. In South Korea, CTK operates a tank-terminal complex in Ulsan and grain-silo facilities in Ulsan and Pyeongtaek, where its affiliate Taeyoung Grain Terminal Co., Ltd. operates the country's largest grain terminal.

During its ownership, KKR supported bolt-on acquisitions in Japan, added terminal capacity across both countries, and expanded management capabilities. Globally, KKR manages about $119 billion in infrastructure assets. The investment firm has operated in Japan for two decades, managing more than $20 billion there. In South Korea, where KKR has been active since 2009, it has invested more than $9 billion across its strategies.