Kohlberg Kravis Roberts Buying Mills Fleet Farm


Kohlberg Kravis Roberts & Company will buy Mills Fleet Farm, a family-owned discount retailer with stores in the Midwest, for undisclosed terms in its first deal of the year and one that builds on its portfolio of retail companies.

Mills Fleet Farm, based in Appleton, Wis., and Brainerd, Minn., sells a range of goods, including clothes, children’s toys, auto parts, firearms and farming supplies through 35 stores in Minnesota, Wisconsin, Iowa and North Dakota. It was founded in 1955 by Stewart Mills Sr. and has been run by his sons, Henry Mills II and Stewart Mills Jr. The founder’s grandson, Stewart Mills III, is running for Congress in Minnesota…

Kohlberg Kravis Roberts Buying Mills Fleet Farm

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