Zelzate (Belgium) 04/01/2013
Peder Prahl, director of the General Partner of Triton II Fund, said: 'Today we successfully conclude our four-and-a-half-year long commitment to Rütgers. We are confident that RÜTGERS will continue its growth under Rain's ownership. We wish the company and all its employees continued success.'
Under Triton's ownership since 2008, RÜTGERS has focussed on organic growth together with the international expansion of its business. The company invested in new facilities and formed targeted joint ventures in emerging markets. This has led to an approximate 25 per cent increase in sales and double-digit operating margins. RÜTGERS now has around 1,000 employees operating from eight production sites worldwide.