Triton completes acquisition of Scandinavian Business Seating
Stockholm (Sweden), 8 October 2014 - Funds advised by Triton have successfully closed the acquisition of 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.
Scandinavian Business Seating, headquartered in Oslo, has become one of the office chair market leaders in the Nordic Countries and Western Europe. The company offers an array of award-winning products through three different brands: HÅG, RH and RBM. It has a history of product innovation in ergonomics and functional designs. Scandinavian Business Seating has approximately 460 employees, production sites in Sweden and Norway and sells through an independent network of distribution parties in ten countries.
For further information: www.sbseating.com
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 28 companies currently in Triton's portfolio have combined sales of around €13.2 billion and more than 57,000 employees. The Triton funds are advised by dedicated teams of investment professionals based in Germany, Sweden, United Kingdom, Luxembourg and Jersey.
For further information: www.triton-partners.com
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