Full coverage: KKR

As the board of DCC recommends an offer for the Irish powerhouse from KKR and Energy Capital Partners, its chief executive explains why he believes the deal makes sense for the company and its shareholders.

Jim Flavin, a 3.22 per cent shareholder in DCC, also said he welcomed Marathon Asset Management becoming the fifth significant shareholder to push for a higher price.

KKR, the global private equity giant, expanded its Irish operation when it bought Avoca Capital in 2014. Since then, it has built a string of low profile but highly profitable subsidiaries here. So, what is the secret to KKR’s low profile Irish success?