A leading European manufacturer of chemical raw materials made from coal tar

Rütgers was acquired by Triton Fund I in April 2008

Rütgers is Europe’s leading manufacturer of chemical raw materials made from coal tar, serving customers in aluminium, graphite, carbon black and other industrial and chemical industries.

Triton acquired Rütgers from Evonik Industries AG, where it was a non-core business within the specialty chemicals division.

Realisation

Triton sold Rütgers to Rain CII, an India-based industrial group listed on the National Stock Exchange of India, in January 2013.

At a glance
Fund
TRITON II
Investment date
April 2008
Realised
January 2013
Sector
Industrials
Company website
Key events since Triton's investment
  • Appointed a new management and strengthened the board
  • Implemented a reporting and control system as well as an operational excellence programme
  • Entered joint ventures in the Netherlands and Russia
Press Releases