Royal Reesink to sell its stake in Pelzer Fördertechnik to Linde Material Handling Germany
Appeldoorn (Netherlands) / Kerpen (Germany), 5 November 2024 - On 1 November, Linde Material Handling GmbH has become the sole shareholder of the Linde network partner Pelzer Fördertechnik GmbH. The intralogistics solution provider has acquired the remaining shares from Reesink Gmbh, part of Royal Reesink, a Triton portfolio company and a leading international supplier of machinery and equipment used in material handling, agriculture, turf care and construction. Details of the transaction are not disclosed.
Following constructive negotiations with the majority shareholder, Reesink GmbH, part of Royal Reesink, Linde Material Handling has agreed to acquire its shares in Pelzer Fördertechnik GmbH. As an authorized dealer for Linde products and solutions, Pelzer Fördertechnik has been serving customers for 55 years with around 270 employees, including more than 120 service technicians.
Read the full news here: https://www.royalreesink.com/en/news/2024/10267/royal-reesink-and-linde-material-handling-germany-reached-an-agreement-regarding-the-acquisition-of-pelzer-fordertechnik
About Royal Reesink
Royal Reesink was founded in 1786 and is a distributor and service provider of A-brand machines and parts to customers in the sectors of agriculture, landscape maintenance, internal transport, warehouse design and civil engineering. With almost 40 subsidiaries worldwide, Royal Reesink has built a solid international market position of which we are rightly proud. The more than 2500 employees have more than a few things in common: a passion for machines, quality, common sense and entrepreneurial spirit.
For more information: www.royalreesink.com
About Triton
Founded in 1997 and owned by its partners, Triton is a leading European mid-market sector-specialist investor. Triton focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare. Triton has over 150 investment professionals and value creation experts across 11 offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.
For further information: www.triton-partners.com
