Frankfurt / Regen (Germany), 1 April 2021 – Triton Fund V advised by Triton (“Triton”) has successfully completed its acquisition of SCHOCK GmbH (“SCHOCK”), the inventor and one of the globally leading providers of quartz composite kitchen sinks, from IK Investment Partners. Terms and conditions of the transaction are not disclosed.
SCHOCK has been a leading player in the quartz composite kitchen sinks category, ever since inventing the technology more than 40 years ago. The company has built a reputation as a technology, innovation and quality leader based on continued product development combined with traditional craftmanship. Today, SCHOCK offers a broad product portfolio comprising over 200 sink models in more than 40 colours.
About SCHOCK
SCHOCK GmbH, headquartered in Regen (Germany), is the inventor of the technology commonly used in the production of quartz composite kitchen sinks. SCHOCK is a leading provider of high-quality products within the category, offering kitchen sinks as well as accessories like faucets. The company offers over 200 sink models in more than 40 colors, within its product lines CRISTALITE® and CRISTADUR®. More recently, SCHOCK has launched the CRISTADUR® GREEN Line that is more than 99% made from natural, renewable or recycled raw materials. The company has ~500 employees and holds over 130 patents.
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 11 offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.