Key facts
- KKR & Co. is preparing to launch an auction for Flora Food Group.
- The sale is expected to fetch as much as €7 billion.
- KKR has hired advisers to manage the sale process.
KKR & Co. is preparing to launch an auction for its Flora Food Group, with the sale expected to fetch as much as €7 billion ($7.5 billion), according to people familiar with the matter. The private equity firm has hired advisers to manage the process. Flora Food Group is known for its spreads and margarines.