Triton completes acquisition of Seves S.p.A.
Florence (Italy), 14 October 2014 - Funds advised by Triton have successfully closed the acquisition of Seves Group.
The Seves Group, headquartered in Florence, has become one of the world's leading manufacturers of high voltage insulators for power transmission, distribution lines and substations up to 1200kV AC and 800kV DC and glass blocks for architectural and interior design applications. Seves Group operates production facilities, commercial offices and R&D locations in Europe, Asia and South America and employs more than 2,500 people worldwide.
For further information: www.seves.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 29 companies currently in Triton's portfolio have combined sales around €13.5 billion and more than 60,000 employees. The Triton funds are advised by dedicated teams of investment professionals based in Germany, Sweden, United Kingdom, Luxembourg and Jersey.
For further information: www.triton-partners.com