KKR Is Said to Weigh Sale of $2 Billion Japanese Tools Firm Koki

KKR & Co. is considering a sale of its Japanese power tool and life science equipment maker Koki Holdings Co. amid interest from potential buyers, according to people familiar with the matter.

The New York-based private equity firm is working with a financial adviser on the potential sale of the business, which could fetch more than $2 billion, the people said. Other industry players and buyout firms have shown preliminary interest in acquiring the company, the people said, asking not to be identified because the matter is private.

Sale considerations are preliminary and the owner could still decide to retain ...