KKR Makes Majority Investment in Cisternina Logistics
Simpson Thacher is advising an affiliate of KKR on its majority investment in Cisternina Logistics Private Limited ("Cisternina"), a bulk liquid and gas storage and logistics business in India. The investment will support Cisternina's proposed acquisition of the liquid storage terminal and rail business of Ganesh Benzoplast Limited, which will serve as the platform's anchor asset, as well as its expansion through further acquisitions and the development of new storage infrastructure across India.
Established in 2024, Cisternina serves customers as an integrated platform across the energy, chemicals, bulk liquids and edible-oil sectors in India.
The Simpson Thacher team includes Ian Ho, Carolyn Wong and Paul Kim (M&A); Étienne Renaudeau and Dani Rabinowitz (Antitrust); and Meredith Jones and Max Toubiana (Tax).