Aventics acquires Vector Horizon Technology
Laatzen (Germany), 30 March 2017 – Aventics, a Triton Fund IV company, has acquired Vector Horizon Technology (VHtek), a developer of clean energy systems with a focus on emission control systems and advanced mechatronic.
VHtek, based in Bowling Green, Kentucky, USA, will primarily support the further development of Aventics’ commercial vehicle sector. In addition, VHtek technologies and the increased R&D capacities provided by the owners and employees of VHtek, will further benefit Aventics core sectors such as Industrial Automation, Life Sciences, Energy, Food & Beverage, and Railway Technologies.
“With this acquisition we are increasing our impact in the commercial vehicles sector, and complementing our existing portfolio. The products and services of VHtek match well with our pneumatic components and systems. Together we will be a stronger partner for our worldwide customers,” said Mr. Paul Cleaver, CEO of Aventics. “As the global demand for energy-efficient products increases, Aventics together with VHtek will master the technological challenges that face our customers and provide them with competitive solutions for their future requirements”, stated Mr. Cleaver.
Aventics is one of the world’s leading manufacturers of pneumatic components, systems, and customer-specific applications. The pneumatic engineering company provides products and services for industrial automation, additionally focusing on the sectors of commercial vehicles, food and beverage, railway technology, life sciences, energy, and marine technology. By integrating electronics, the use of innovative materials and prioritizing trends such as machine safety and the Internet of Things, Aventics is a pioneer in intelligent and easy-to-use solutions.
With over 150 years of expertise in pneumatics, Aventics employs around 2,000 associates worldwide. In addition to production sites in Germany (Laatzen), France (Bonneville), Hungary (Eger), USA (Lexington), and China (Changzhou), Aventics is represented in more than 90 countries through direct sales and dealers. The Aventics Group has received multiple certifications, including ISO 9001 and ISO/TS 16949 for quality, ISO 50001 for energy management, and ISO 14001 for environmental management.
Further information is available at: www.aventics.com
About Vector Horizon Technology
Vector Horizon Technology, LLC is a company born out of industry recognized, leading companies with over 110 years combined experience in the automotive industry with focus in diesel & natural gas engine technologies, and alternative energy solutions. Established in 2009, VHtek was founded on establishing technical solutions to today’s clean energy and emissions challenges. Initially engineering and delivering solutions for Hydrogen Fuel Cells in fuel reformulation, air flow management, and heat rejection, VHtek has migrated its proven expertise into advanced mechatronics. Clean Energy Products into air and fuel management systems, induction and exhaust. Advanced materials, advanced electronics, and advanced controls provide customers with the latest in technology to address today’s tough challenges & regulations.
Further information is available at: www.vhtek.com
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Austria, Belgium, Denmark, Finland, Germany, Italy, Luxembourg, the Netherlands, Norway, Spain, Sweden and Switzerland. 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 29 companies currently in Triton's portfolio have combined sales of around €13.8 billion and around 76,000 employees.
The Triton funds are advised by dedicated teams of professionals based in Germany, Sweden, Norway, Finland, Denmark, Italy, the United Kingdom, the United States, Luxembourg and Jersey.
For further information: www.triton-partners.com