Triton Building Better Business
Building better businesses
A global industrial heat exchangers manufacturer


Kelvion was acquired by Triton Fund IV in October 2014

Kelvion is a globally active manufacturer of industrial heat exchangers for different kind of markets, its management is based in Bochum, Germany. Its large product portfolio includes plate heat exchangers, shell & tube heat exchangers, finned-tube heat exchangers, modular cooling towers and refrigeration heat exchangers. The company reaches customers in global markets for power generation, oil and gas, chemistry, marine applications, climate and environment, and food and beverages. Kelvion focuses on customer-specific products and services and serves its target groups throughout a global sales and production network.

Prior to Triton ownership, Kelvion was the Heat Exchanger Systems division within the GEA Group AG's Heat Exchanger segment. The former division became a standalone company, and in November 2015 was branded Kelvion. The two remaining Heat Exchanger segments have also become standalone and independent companies, namely DencoHappel (formerly Air Treatment) and ENEXIO (formerly Power Cooling Solutions).

Key events since Triton's investment

  • Supported the company in rebranding and becoming an independent and standalone company


Triton IV

Acquisition date:
October 2014


Board of directors:
Klaus Stahlmann (Chairman)
Michael Gahleitner
Nick Ghoussaini
Martin Huth
Claus von Hermann

Company website:

Claus von Hermann


Jürgen Vinkenflügel (CEO)
Andrea Teutenberg (CFO)

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