Leadec and Veltec
Leadec and Veltec were acquired by Triton Fund IV in August 2016
The Leadec Group, previously known as Voith Industrial Services, is one of the leading providers of technical services to the automotive industry. In 2016 the affiliated companies Leadec and Veltec earned combined sales of €973 Million.
For more than 50 years, Leadec has been providing automobile manufacturers and automotive suppliers, for example, with support for their production chains. A flexible workforce of around 16,600 highly skilled personnel is available for short-term or permanent deployments at customers' production sites in more than 200 locations. The services provided range from site services (production maintenance, cleaning, facility services, production support services) through project solutions/engineering (development services, manufacturing engineering, automation, electrical installations, machine relocations) to assembly solutions (wheel and tire assembly, pre-assembly).
Veltec, previously known as Voith Industrial Services, has decades of experience as a technical services provider in the process and power plant industries. The pioneering company provides flexible, expert support throughout Europe to customers in the process industries oil and gas, chemicals, biosciences, raw materials and power plants. Around 1,000 permanent employees and additional manpower as required are available for short-term or permanent deployments on site at customer plants, often working in interdisciplinary teams of up to 500 specialists, and drawing on their experience from more than 500 turnarounds. Other services offered include automation, on-site servicing and overhauls.
Key events since Triton's investment:
- Supported the companies in rebranding
|25 Sep 2017||Leadec has signed an agreement to sell parts of its Engineering Services Division|
|31 Aug 2016||Triton completes acquisition of Voith Industrial Services|
|09 May 2016||Triton has signed an agreement to acquire Voith Industrial Services|