Triton sold its remaining shares in Orion Engineered Carbons
New York (United States of America), 6 December 2017 – Following the successful IPO of Orion Engineered Carbons S.A. in July 2014, funds advised by Triton ("Triton") announced today that Triton has successfully placed its remaining shares of Orion Engineered Carbons at a price of USD 22.99 per share with institutional investors in a block trade with Goldman Sachs and Morgan Stanley.
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 33 companies currently in Triton's portfolio have combined sales of around €14 billion and around 90,500 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