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KKR to Invest in Cisternina to Build a Leading Pan-India Liquid Storage and Logistics Platform

Business Wire•29/09/2026•10:08 ET
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Key Highlights

  • ➤KKR (KKR) to make majority investment in Cisternina Logistics
  • ➤Investment supports proposed acquisition of GBL’s liquid storage terminal and rail business
  • ➤GBL business has approximately 500,000 KL operating and under-construction capacity
  • ➤Cisternina targets ~1.5 million KL static tank capacity across India
  • ➤Financial terms undisclosed; transaction subject to regulatory approvals

Expert Statements

Ravi Thanvi, Director, Real Assets, KKR India

“At KKR, we have significant experience building and scaling infrastructure platforms in India, combining long-term capital with the operational expertise of strong management teams. We see an opportunity to apply this platform-building approach to India’s liquid and gas logistics sector. With an experienced founding team and GBL’s liquid storage terminal business as its anchor asset, Cisternina is well positioned to build a leading national platform. We look forward to working closely with Amit, Kartik and Puneet to realize that ambition.”

Amit Saboo, Founder and Managing Director of Cisternina Logistics

“We founded Cisternina to build an integrated liquid and gas storage and logistics platform that delivers high-quality, reliable solutions to customers across India. The acquisition of GBL's liquid storage terminal business represents an important first step, providing us with an established operating base at strategic ports and a strong foundation for future growth. With KKR's long-term capital, infrastructure and operational expertise, we look forward to investing in these assets, expanding our capabilities and building a differentiated platform for our customers.”

KKR to Invest in Cisternina to Build a Leading Pan-India Liquid Storage and Logistics Platform

Investment will support Cisternina’s expansion, including its proposed acquisition of GBL’s liquid storage terminal business, which will serve as the platform’s anchor asset

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