Assemblin signs agreement to acquire Swedish installation and service company Delta
Stockholm (Sweden), 4 May 2016 – Assemblin, a Triton Fund IV portfolio company, has signed an agreement to acquire Swedish installation and service company Delta. This acquisition will strengthen Assemblin´s position in the northern part of Sweden. The transaction is subject to antitrust approval.
Assemblin is a leading Nordic technical installation/services company focused on specialist services - primarily within Electrical, Heating & Plumbing, and HVAC. The Company offers an array of services in heating and water sanitation, ventilation and electrical installation under the brand Assemblin. It is the home of former NVS, NEA, Sydtotal and EMC Talotekniikka which are all trusted players in the Nordics. Headquartered in Stockholm, Assemblin has annual sales of approximately €713 million, operates from about 100 locations and employs more than 4,800 people. Its clients include private and public real estate companies as well as public authorities and organizations within the Nordic region.
For further information: www.assemblin.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 27 companies currently in Triton's portfolio have combined sales of over €11.7 billion and over 53,500 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