The Commission for the Protection of Competition received a notification of a proposed concentration regarding the acquisition of the share capital of Pioneer DJ Corporation, which relates to the DJ Equipment activities of Pioneer Corporation, by the KKR & Co. L.P., through its subsidiary PDJ Holdings Co. Ltd.
KKR & Co. L.P. is an international investment company that offers a large range of alternative investment funds and other investment products to investors. KKR & Co. L.P. also offers capital market solutions. The equity funds that are managed by KKR & Co. L.P. invest in various companies in different sectors.
PDJ Holdings is a special vehicle created by KKR & Co. L.P. to acquire all the shares of Pioneer DJ Corporation.
Pioneer DJ Corporation is a newly formed company to which the Pioneer Corporation will transfer its activities relating to DJ. Therefore, Pioneer DJ Corporation will be active in the design, production and sale of equipment related to DJ products. The main products will be various DJ sound mixing consoles, specifically for CD players for DJs, as well as, headphones, speakers and computer controllers.