KKR Said to Win Auction for Arle’s Harness Maker Capital Safety

KKR & Co., the private equity firm that agreed to buy most of Samson Investment Co. last week for $7.2 billion, is set to acquire Capital Safety Ltd., the U.K.- based safety harness maker, people familiar with the process said.

KKR beat rival Cinven Ltd. in the process to buy the company from Arle Capital Partners LLP, the people said. The bid may value Capital Safety at about 700 million pounds ($1.1 billion), people with knowledge of the matter said earlier this month.

Representatives of Arle and KKR declined to comment.

To contact the reporter on this story: Anne-Sylvaine Chassany in Paris at achassany@bloomberg.net

To contact the editors responsible for this story: Jacqueline Simmons at jackiem@bloomberg.net; Philip Lagerkranser at lagerkranser@bloomberg.net

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