Mikael Aro to join investment firm Triton
Helsinki (Finland), 2 September 2016 - Mikael Aro will join the investment firm Triton. He has been appointed to the role of Senior Industry Expert.
Triton is an investment firm investing in medium sized companies in Northern Europe, Italy and Spain. Triton has invested in a number of companies in Finland, one of which is the health care provider Mehiläinen. Mikael Aro serves as the Chairman of the board of Mehiläinen.
Mikael Aro announced his resignation from his position as CEO of VR Group as of June 2016. Aro has a notice time of six months. Prior to his position at VR Group, Aro served as the Senior Vice President of Nordics at Carlsberg Group and as the Chief Executive Officer of Sinebrychoff (part of Carlsberg Group).
In his new role, Aro will serve on the boards of specific Triton portfolio companies, and support the operational management in further developing these companies. In addition, his position will include evaluating future investments in Finland and throughout Europe. He will be based in Finland.
“I have admired Triton’s way of working on the board of Mehiläinen. Triton has a committed and professional approach to developing its portfolio companies. During my career I have been a part of the operational management, and in the future I have the opportunity to develop companies from the board level. I am very excited about this new opportunity”, says Mikael Aro.
“Triton seeks to employ the best industry experts. Mikael Aro is an excellent addition to our team. Appointing an experienced industry professional like Aro is an indication that Finland is and remains an important region for Triton”, says Head of Triton in the Nordics and Investment Advisory Professional, Thomas Hofvenstam.
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Northern Europe - with a focus on Germany, Switzerland, Austria and the four Nordic countries: Denmark, Finland, Norway and Sweden. Within this European region, Triton focuses on businesses in the Industrial, Business Services and Consumer/Health sectors.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 27 companies currently in Triton's portfolio have combined sales of over €13 billion and over 72,500 employees.
The Triton funds are advised by dedicated teams of investment professionals based in Germany, Sweden, the United Kingdom, Luxembourg and Jersey.
For further information: www.triton-partners.com