Established in 1973, LSA is a leading auto parts company in South Korea that has successfully established globally competitive positions in high-growth auto component segments including switches, interior lamps and human machine interface ("HMI") systems, and electrical and electronics components such as power seat modules, electrical control units, sensors and relays. LSA is the top Tier-1 supplier of HMI components to Hyundai Kia Motors, as well as major global original equipment manufacturers ("OEMs") in the U.S. and Japan, and leading local OEMs in China and India.KCFT manufactures and sells copper foils for large capacity lithium-ion batteries for electric vehicle ("EV") applications and mobile devices. The copper foil business for EV battery applications is expected to be among the fastest-growing segments of the auto industry due to rising demand for environmentally friendlier transportation. KCFT supplies global EV battery leaders including LG Chemical and major battery manufacturers in Japan and China. KKR makes its investment from its US$9.3 billion KKR Asian Fund III. About KKR KKR is a leading global investment firm that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit and, through its strategic manager partnerships, hedge funds. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and driving growth and value creation with KKR portfolio companies. KKR invests its own capital alongside its partners' capital and provides financing solutions and investment opportunities through its capital markets business. References to KKR's investments may include the activities of its sponsored funds. For additional information about KKR & Co. L.P. (NYSE:KKR), please visit KKR's website at www.kkr.com and on Twitter @KKR_Co. About LS Automotive Established in 1973, LS Automotive is a vehicle components manufacturer based in Korea with a global presence. In 2008, the company was acquired by LS Mtron as part of LS Group's efforts to further strengthen its competitiveness in auto components. LS Automotive has since achieved strong growth and market expansion including China and continues to engage in proactive investment in R&D for the future such as autonomous and electric vehicle components. As of 2016, LS Automotive recorded revenue and operating profits of KRW 911 billion and KRW 62.8 billion, respectively. LS Automotive's key customers include Hyundai Kia Motors, GM, Ssangyong, Fiat Chrysler, Audi, Daimler, Nissan, Mitsubishi and others. The company has approximately 1,150 employees in Korea.
About KCF TechnologiesEstablished in 1996 as a copper foil business segment of LG Metal, KCFT is a globally leading producer of copper foils and flexible copper clad laminate manufacturing business. KCFT is increasing the supply its products to meet the rapidly rising demand for electric vehicles and high-quality, high-resolution OLED display products. As of 2016, KCFT recorded revenue and operating profits of KRW176 billion and KRW15 billion. KCFT's key customers are global electric vehicle battery producers and display manufacturers, including LG Chemical, Samsung SDI, Panasonic, CATL and LG Innotec.