Triton completes the acquisition of BFC Fahrzeugteile, a leading supplier of metal-based clamping profiles
Bietigheim-Bissingen (Germany), 01 February 2018 – Funds advised by Triton ("Triton") have successfully completed the acquisition of BFC Fahrzeugteile, one of the global market leading suppliers of metal-based clamping profiles for the automotive industry and a technology leader in its field. The company operates manufacturing sites in Germany, China, Turkey and the US.
"We want to support BFC Fahrzeugteile by investing in and supporting the growth and development of the company. We look forward to working together with the management team and the advisory board in building an even stronger company", said Peder Prahl, Director of the General Partner for the Triton funds.
"BFC Fahrzeugteile, as one of the clear global leaders in its field, has been continuously building its presence over the last years. This transaction is an important milestone, enabling us to continue with our strategic efforts. We welcome Triton as a new majority owner and a respected investor that will embrace and support the execution of our plans for further developing the company for the future", said Norbert Lehmann, Managing Director of BFC Fahrzeugteile.
“We are happy to announce the completion of the third platform acquisition of our recently established dedicated smaller mid cap team within a half year period. BFC Fahrzeugteile is a great company with strong technical capabilities and impressive growth options. We seek to support the company’s international expansion efforts via contributing our strategic and industrial insights and our highly relevant network”, added Andi Klein, Investment Advisory Professional and Advisor to the Triton Funds.
About BFC Fahrzeugteile
BFC, headquartered in Bietigheim-Bissingen, is a tier-2 automotive supplier of metal-based clamping profiles for vehicle door, trunk and other body seals (“weatherstrips”). BFC builds all its machines and tools in-house and operates a network of highly flexible, modular production lines across six sites in Germany (2), USA, Turkey and China (2). In 2016, the company generated revenues of c. €44m.
For further information: http://www.bfc-profile.de/en/
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe, focusing 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 36 companies currently in Triton's portfolio have combined sales of around €14.2 billion and around 91,000 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, China, Luxembourg and Jersey.
For further information: www.triton-partners.com