- Triton Fund IV will acquire 100% of Imtech Nordic, formally a division of Royal Imtech N.V.
- Triton is proposing to support substantial investments in the business, providing a strong financial platform to continue the successful development of the company
- The acquisition presents opportunities to leverage on the strong local brand names: NVS, NEA, Sydtotal and EMC Talotekniikka
Stockholm (Sweden), 1 September 2015
'We want to support management and the employees of Imtech Nordic as a stable owner in investing in and supporting the growth and development of the company. We will contribute our strategic insights from the service industry as well as operational know-how. We look forward to working together with the management team and the new Board of Directors in building a stronger company', said Peder Prahl, Director of the General Partner to the Triton fund.
'The involvement of a new owner is a real acknowledgement of Imtech Nordic. We are delighted that we have found a long-term oriented owner in Triton that suits us perfectly, both regarding regional and operational expertise. We are looking forward to continuing our growth plan with Triton at our side', said Håkan Kirstein, CEO of Imtech Nordic.
'Imtech Nordic is the home of NVS, NEA, Sydtotal, EMC Talotekniikka, and all have become trusted players in the Nordics. By providing a solid financial platform, these brands will be in a good position to take advantage of growth opportunities in the years to come', said Carl Johan Falkenberg, responsible Investment Professional from Triton Advisers Sweden.