KKR takes Ocean Yield private (2021)
KKR offered about $830 million to buy Ocean Yield off the Oslo Stock Exchange. Controlling shareholder Aker accepted, and the company delisted in December 2021. KKR then poured in more than $3 billion to grow the fleet.
Ocean Yield went private and shifted from a public dividend stock to a KKR-owned growth platform.
The backlog of contracted revenue nearly doubled to more than $5 billion, setting up the 2026 sale.
This is the same asset changing hands again. It shows the buy-improve-sell cycle that private equity runs, and why A.P. Moller Holding is buying a bigger business than KKR did.
