Stockholm (Sweden), 31 August 2015 - Funds advised by Triton closed the sale of the OBH Nordica group ("the Company"), owner of the leading small domestic appliance ("SDA") brand in the Nordic region, to Groupe SEB, a world leader in small domestic equipment. Groupe SEB will acquire 100% ownership of OBH Nordica group. Triton has supported the business since its acquisition in 2010. The management and board of OBH Nordica have executed a number of initiatives to improve the Company. These includes: the consolidation of all group functions to the Headquarter in Sundbyberg; the investment in a central warehouse in Finnerödja; an expansion of the China office and the investment in a new brand profile including a new website with an integrated web store. OBH Nordica is now the market leader in its core product categories with strong consumer brand awareness across the Nordic region.
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.