Tag Archives: Triton

Triton Unveils Merger of Assemblin and Caverion, Creating Premier Technical Service Group

(IN BRIEF) Triton announces the strategic combination of its portfolio companies, Assemblin and Caverion, into the newly formed Assemblin Caverion Group, headquartered in Sweden. This merger, aimed at capitalizing on complementary strengths and expanding service offerings, marks Triton’s continued investment … Read the full press release

Triton Backs Wavelynx Technologies’ Growth in Access Control Solutions

(IN BRIEF) Funds advised by Triton have entered into an agreement to support the growth of Wavelynx Technologies, a leader in mobile-first identity and access control solutions. Wavelynx specializes in open hardware and software for access control, including readers, controllers, … Read the full press release

Triton Acquires Techouse AS, Expanding Presence in Offshore Energy Sector

(IN BRIEF) Triton, through a vehicle controlled by Triton Fund IV, has acquired Techouse AS, a renowned provider of energy recovery and water treatment solutions to the offshore oil and gas sector. The acquisition aims to bring Techouse under a … Read the full press release

Norres Baggerman Group Achieves Market Leader Status Under Triton Ownership, Sold to Nalka, an investment firm

Norres Baggerman Group Achieves Market Leader Status Under Triton Ownership, Sold to Nalka, an investment firm

(IN BRIEF) Triton, in partnership with the Triton Smaller Mid-Cap Fund I, has successfully sold Norres Baggerman Group, a leading manufacturer of industrial plastic hoses in Europe, to Nalka DACH Investments SA SICAF-RAIF. The terms of the transaction have not … Read the full press release

Triton Expands Group with Launch of Ramudden Global, a Network of Tech-Enabled Safety Companies

(IN BRIEF) Triton, an investment firm, has announced the launch of Ramudden Global as the new brand name and identity for its group of tech-enabled infrastructure safety companies. This development follows the merger of portfolio companies Ramudden and AVS in … Read the full press release

SCHOCK, a Triton Fund V portfolio company, to acquire Polish manufacturer of bathroom and kitchen products Marmorin

(PRESS RELEASE) REGEN, Germany/ WSHOWA, Poland, 4-Jan-2022 — /EuropaWire/ — Triton Partners, a private equity investment firm with focus on medium-sized businesses across Europe, has announced that its Triton Fund V portfolio company, SCHOCK, an innovative manufacturer of quartz composite … Read the full press release

AEA Investors LP managed funds to acquire 100 percent of Polygon Holding AB from Triton

(PRESS RELEASE) STOCKHOLM, 12-Jul-2021 — /EuropaWire/ — Triton advised by Triton Partners (“Triton”) has announced it has signed an agreement with funds managed by AEA Investors LP (“AEA”) for the sale of Polygon Holding AB. AEA, together with the management … Read the full press release

Triton to acquire leading player in quartz composite kitchen sinks SCHOCK GmbH

(PRESS RELEASE) FRANKFURT/ REGEN, 18-Feb-2021 — /EuropaWire/ — Triton Fund V advised by Triton (“Triton”) announces that it has signed an agreement with IK Investment Partners for the acquisition of SCHOCK GmbH (“SCHOCK”), the inventor and one of the globally … Read the full press release

Triton completes acquisition of leading online office furnishing innovator Inwerk GmbH

(PRESS RELEASE) FRANKFURT/ MEERBUSCH, 23-Dec-2020 — /EuropaWire/ — Triton-advised Smaller Mid-Cap Fund (“TSM”) announces the closing of the acquisition of a majority stake in Inwerk GmbH, one of the leading online providers of professional office furniture in Germany. Terms and … Read the full press release

Triton backed company AVS Verkehrssicherung to acquire traffic engineering providers Gerding GmbH Verkehrstechnik and MIS GmbH

(PRESS RELEASE) LEVERKUSEN/ SENDEN, 14-May-2020 — /EuropaWire/ — Triton announces that its Fund IV portfolio company, AVS Verkehrssicherung, has signed an agreement to acquire a renowned provider in the field of traffic engineering, Gerding GmbH Verkehrstechnik and MIS GmbH. Gerding … Read the full press release

Triton Fund IV company, Bormioli Pharma successfully completes 100% acquisition of GCL Pharma

(PRESS RELEASE) PARMA, Italy, 16-Apr-2020 — /EuropaWire/ — Triton announces that Bormioli Pharma has successfully completed the acquisition of 100% of GCL Pharma. The Italian company based in Vasto (Chieti), previously part of Guala Closures Group, specializes in the production … Read the full press release

NORRES strengthens globalization strategy with the acquisition of hose distributor specialist Jarl Elmgren

(PRESS RELEASE) GELSENKIRCHEN / FRANKFURT, Germany / HALSMSTAD, Sweden, 17-Feb-2020 — /EuropaWire/ — NORRES Group has acquired a specialist distributor of flexible hoses, Jarl Elmgren AB. Jarl Elmgren is a Swedish hose distributor with a wide range of hoses and … Read the full press release

Management buys out Eleda Infra Services Group from Triton funds

Management buys out Eleda Infra Services Group from Triton funds

(PRESS RELEASE) STOCKHOLM, 17-Dec-2019 — /EuropaWire/ — Sweden based civil engineering company Eleda Infra Services Group‘s management team has signed an agreement to acquire the company from funds (Nordic Triton Smaller Mid-Cap) advised by Triton as the terms of the … Read the full press release

Funds advised by Triton to acquire the companies behind the brand Dantaxi 4×48

(PRESS RELEASE) COPENHAGEN/VIRUM, 04-Jan-2019 — /EuropaWire/ — Funds advised by Triton (“Triton”) has completed the acquisition of the companies commonly referred to under the brand Dantaxi 4×48. Terms of the transaction are not disclosed. Dantaxi 4×48 was a haulier-owned Danish taxi … Read the full press release

Sunweb Group acquired by funds advised by Triton

STOCKHOLM/ ROTTERDAM, 19-Dec-2019 — /EuropaWire/ — Funds advised by Triton (“Triton“) have signed an agreement to acquire Sunweb Group (“Sunweb”), a leading European online tour operator. Terms of the transaction are not disclosed. Founded 1991 in Netherlands, and with more than … Read the full press release

Triton: Leadec Group to sell Veltec Group to Plant Systems & Services PSS GmbH

STUTTGART/NIEDERNBERG, 27-Nov-2018 — /EuropaWire/ — Leadec Group, a Triton Fund IV company, has signed an agreement to sell Veltec Group to Plant Systems & Services PSS GmbH. Leadec will focus completely on its strategic growth targets in the manufacturing industry, while … Read the full press release

Funds advised by Triton to acquire the business unit SKF Motion Technologies from SKF Group

STOCKHOLM/ GOTHENBURG, 01-Aug-2018 — /EuropaWire/ — Funds advised by Triton (“Triton”) have signed an agreement of its intention to acquire the business unit SKF Motion Technologies from SKF Group, listed on Nasdaq Stockholm. Triton intends to form a standalone company under … Read the full press release

SGL CFL CE becomes a stand-alone company under the new name of COBEX

WIESBADEN, 15-May-2018 — /EuropaWire/ — SGL CFL CE, a Triton Fund IV company, has completed the process of becoming a new stand-alone company competing under the name of COBEX. The company will continue to operate in the market as a global … Read the full press release

Funds advised by Triton to acquire heat exchange products producer Rocore Group in US

Frankfurt (Germany)/Indianapolis (USA), 25-Oct-2017 — /EuropaWire/ — Funds advised by Triton (“Triton”) have signed an agreement to acquire Rocore Group, a leading US producer and supplier of heat exchange products. The business produces a variety of heat exchange products focussing on the … Read the full press release

Triton: Ovako launched digital tool that identifies the right machine settings based on steel properties and cutting tools

STOCKHOLM, 25-May-2017 — /EuropaWire/ — Ovako, a Triton Fund III company, has launched the M-Steel Calculator, a digital tool based on the company’s Steel Navigator platform. It guides customers in identifying the right machine settings based on steel properties and cutting … Read the full press release

Funds advised by Triton to acquire Fläkt Woods Group, a leading provider of air technologies solutions for HVAC systems

FRANKFURT, 24-Jun-2016 — /EuropaWire/ — Funds advised by Triton (“Triton”) have signed an agreement to acquire Fläkt Woods Group, a leading provider of air technologies solutions for HVAC systems for the best Air Comfort & Fire Safety environment. The parties have … Read the full press release

Triton advised funds sold their investment in battenfeld-cincinnati to Zweite VR Trust Beteiligungs UG

Bad Oeynhausen, Germany,  8-12-2015 — /EuropaWire/ — Funds advised by Triton (“Triton”) announced today that they sold their investment in battenfeld-cincinnati (“BC”) to Zweite VR Trust Beteiligungs UG. As a result, all Triton representatives resigned from the BC Board with immediate effect. … Read the full press release

Triton completes acquisition of the German auxiliary components business ARVOS Group

Mannheim/Frankfurt (Germany),  4-9-2014 — /EuropaWire/ — Funds advised by Triton have successfully closed the acquisition of the German auxiliary components business ARVOS Group. The business was previously known as the steam auxiliary components business of Alstom’s Thermal Power division. “The ARVOS … Read the full press release

Funds advised by Triton to acquire one of the leading office chair manufacturers in Europe, Scandinavian Business Seating

STOCKHOLM, 9-7-2014 — /EuropaWire/ — Funds advised by Triton have signed an agreement to acquire Scandinavian Business Seating, one of the leading office chair manufacturers in Europe, which focuses on Scandinavian designed ergonomic swivel and meeting chairs for office use. The transaction … Read the full press release

Triton advised funds to acquire GEA Group’s heat exchangers business for €1.3 billion

Bochum/Duesseldorf, Germany, 18-4-2014 — /EuropaWire/ — Funds advised by Triton (“Triton”) have entered into an agreement to acquire GEA Group’s heat exchangers business for an enterprise value of approximately €1.3 billion. The transaction is subject to approval by the relevant antitrust … Read the full press release

Triton Funds to take over 100 % of Befesa from Spanish group Abengoa

Value of EUR 1.075 billion, cash purchase price of EUR 850 million European market leader in niche recycling businesses with strong core activities in Germany Potential for future growth in emerging markets such as South Korea, Turkey, Middle East and … Read the full press release

Infratek ASA announced its two largest shareholders Hafslund ASA and Fortum Nordic AB sold their holdings to funds advised by Triton

Oslo, 3-7-2013 — /europawire.eu/ — Infratek ASA (“Infratek” or the “Company”) has been notified that funds advised by Triton (“Triton”) have entered into a transaction agreement with the Company’s two largest shareholders, Hafslund ASA and Fortum Nordic AB, holding 27,652,360 and 21,074,864 … Read the full press release

Fortum agreed to sell its 33% holding in Norwegian Infratek ASA for EUR 37M to fund advised by Triton

3-7-2013 — /europawire.eu/ — Fortum has agreed to sell its 33% holding in Norwegian Infratek ASA to a fund managed by Triton. The sales price is approximately EUR 37 million. The divestment is in line with Fortum’s aim to strengthen its strategic … Read the full press release