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).

At a glance
Country
Germany
Fund
TRITON IV
Investment date
October 2014
Sector
Industrials
Triton contact
Claus von Hermann
Claus von Hermann
Investment Advisory Professional, Investment Advisory Committee
Management
Jürgen Vinkenflügel (CEO)
Marcus Mayer (CFO)
Board of Directors
Klaus Stahlmann (Chairman)
Michael Gahleitner
Nick Ghoussaini
Martin Huth
Claus von Hermann
Company website
Key events since Triton's investment
  • Supported the company in rebranding and becoming an independent and standalone company