Kirkland & Ellis advised KKR, a leading global investment firm, and Minnesota Rubber and Plastics (“MRP”), a leading provider of materials science-based elastomer and thermoplastic solutions, on the sale of MRP to Trelleborg Group, a leader in engineered polymer solutions, for approximately $950 million. Since KKR’s acquisition in November 2018 and the introduction of a broad-based employee ownership program, MRP has made significant progress in driving growth and operational excellence. The transaction, which is subject to customary regulatory approvals, is expected to close before year-end 2022. Read the KKR press release The Kirkland team was led by corporate partner Jennifer Perkins and associates Colin Zelicof and Giorgia Nagalli, and tax partners Mike Beinus and Vivek Ratnam.