Schaffhausen (Switzerland)/ (United States of America)/Frankfurt (Germany), 15 May 2017
'We look forward to supporting WernerCo’s management and employees as a stable owner by investing in and supporting the growth and development of the company. Our strong industry expertise, gained through other investments and strengthened by senior industry experts, will contribute in taking Werner to the next level. We look forward to working together with the management team and the Board of Directors in building a stronger company', said Peder Prahl, Director of the General Partner for the Triton funds.
'WernerCo, as the market leader in the US, has been building its presence internationally over the last ten years. This transaction is an important milestone, enabling us to continue with our strategic efforts. We welcome Triton as a new majority owner and a respected investor who will support us in developing and executing our plans for delivering new and innovative products to our global customers, expanding our market positions in all territories and continue to be the leader in our industries', said William T. Allen, Chairman of WernerCo.