July 16 (Reuters) - KKR is considering a

potential buyout of Italian health-care technology firm GPI SpA

, as the U.S. investment firm scouts for takeover

targets amid the recent market volatility, Bloomberg News

reported on Wednesday.

KKR has been in talks with advisers in recent weeks as it

considers a potential deal to take Trento-based GPI private, the

report said, citing people with knowledge of the matter. The

report added that the discussions might not lead to a

transaction.

KKR declined to comment, while GPI did not immediately

respond when contacted by Reuters.

An investment company backed by GPI Chief Executive Officer

Fausto Manzana is the company's biggest shareholder, with a 48%

stake, equivalent to 57.3% of the voting rights, according to

GPI's website.

Europe is "a very interesting place to invest," Henry

Kravis, KKR's co-founder told Bloomberg in an interview in May.

KKR has invested about $30 billion since the start of the year,

about half of that offshore.

British scientific instruments maker Spectris ( SEPJF )

earlier this month agreed to a takeover offer from KKR, valuing

it at 4.7 billion pounds ($6.31 billion).

($1 = 0.7452 pounds)