KKR-Owned Calsonic Kansei to Buy Auto-Parts Firm Magneti Marelli for $7.1 Billion

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Fiat Chrysler workers at an assembly plant in Ontario, Canada, in 2015.

Fiat Chrysler staff at an meeting plant in Ontario, Canada, in 2015.



TOKYO—Japan’s Calsonic Kansei Corp. has agreed to purchase

Fiat Chrysler Automobiles

FCAU 0.13%

NV’s auto-parts enterprise, Magneti Marelli, for 6.2 billion euros ($7.1 billion), in accordance to an individual aware of the matter.

Calsonic Kansei is owned by U.S. private-equity agency


KKR -2.03%

& Co., which final yr purchased the Japanese auto-parts maker from

Nissan Motor

NSANY -0.37%

and different stakeholders.

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