Triton completes sale of Eleda Group
Stockholm (Sweden), 10 January 2020 – Funds advised by Triton (Triton) have have completed the sale of Eleda Infra Services Group (Eleda) to a consortium made up by the group’s management team. Terms of the transaction are not disclosed.
About Eleda Group
Eleda Group is an expansive group focusing on civil engineering, contract and other infrastructure services. The Group operates through regional companies across southern and western Sweden. These companies all have similar business models and operational focus and currently include Akeab, KEWAB, Mark & Energibyggarna and Salboheds Bygg & Anläggninstjänster. Eleda Group’s corporate culture is marked by a strong entrepreneurial spirit, and the companies work independently in complementary geographical areas with the goal of being a leading player in their respective regional markets. Eleda Group, which has its headquarters in Stockholm, has around 800 employees and sales of approximately SEK 3.0 billion in the 12 months to September 2019. Eleda Group is owned by Triton and a broad group of key individuals in the Group.
For further information: www.eleda.se/en
Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.
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 41 companies currently in Triton's portfolio have combined sales of around €16,5 billion and around 80,000 employees.
For further information: www.triton-partners.com