January 13, 2023

Triton completes sale of Ewellix

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Stockholm / Gothenburg (Sweden), Herzogenaurach (Germany), 03 January 2023

Triton acquired Ewellix, formerly known as SKF Motion Technologies, via a carve-out transaction from Sweden’s SKF Group in 2018. By combining Triton’s expertise in the Industrial Tech sector with the firm’s strong track record in carve-outs, Ewellix underwent a rapid and highly successful transformation. During Triton’s ownership, the company was strategically repositioned as a standalone company with a focus on high growth niches within the linear motion market. In addition, the product portfolio was streamlined, its production footprint and procurement functions optimized, and significant investments were made in digitalization and product development.

Today, Ewellix is a global innovator and manufacturer of actuation and linear motion solutions. Its products are used in a wide range of applications and equipment, including medical, mobile machinery, assembly automation and robotics, as well as various general industrial applications. Ewellix has sales offices in 15 countries, which combined with its network of ~550 selected distribution partners and ~3,200 branch offices, gives it a truly global sales presence. The company operates 6 manufacturing units across the US, Europe and Asia, enabling efficient delivery to its worldwide customer base.