Appeldoorn (Netherlands) / Kerpen (Germany), 5 November 2024
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.
About Royal Reesink
Founded as a foundry and trading company in Zutphen, the Netherlands, in 1786, Royal Reesink is one of the oldest distribution and service companies in the world. Royal Reesink is a leading international distributor of agricultural, construction, landscaping and logistical machinery and currently encompasses more than 38 operating companies on four continents engaged in the distribution of machinery and components for the industrial sector, the agricultural sector and the landscape maintenance divisions of leading OEMs (Original Equipment Manufacturers). Its global network and local presence enable customers to optimize the performance of their business activities.
About Triton Partners
Founded in 1997 and owned by its partners, Triton Partners is a leading European mid-market sector-specialist investor. Triton Partners 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 Partners has over 150 investment professionals and value creation experts across eleven offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.