Frankfurt/Linz, 13 August 2013
Core business areas of ALPINE-ENERGIE are the planning, setting up and maintenance of telecommunications, energy and traffic infrastructure. Triton sees substantial growth potential in these areas. ALPINE-ENERGIE employs about 3,000 employees and achieved a turnover of 462 million Euro in the past business year. ALPINE-ENERGIE, which was founded as 'ENERGIE Gesellschaft für elektrische und industrielle Unternehmungen' in Stuttgart in 1920, generates the significant majority of its turnover in Germany, Austria and Switzerland. ALPINE-ENERGIE also operates entities in Luxembourg, Poland, the Czech Republic, Italy and Hungary.
'We want to support the management of ALPINE-ENERGIE as stable owner in increasing the profitability in its core business. We will contribute our strategic insights from the service industry as well as operational know-how in many areas including project planning and process controlling,' said Peder Prahl, Director of the 'General Partner' of the Triton funds.
Triton aims to support management in strengthening portfolio companies by increasing sales and sustainably improving operational processes and structures. Its long-term investment philosophy lays the foundation for implementing these improvements. Investors of Triton funds include, among others, pension funds, insurance companies, sovereign wealth funds and endowments. Triton has committed to comply with the 'Principles for Responsible Investment' ('UN PRI') by the UN.
Antonio Alfonso Avello, chairman of the board of ALPINE-ENERGIE, said: '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.'