June 17, 2019

Triton sells COBEX to Tokai Carbon

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Frankfurt / Wiesbaden (Germany), Tokyo (Japan) 17 June 2019

“We would like to thank the management team and the employees for their contribution to COBEX’s successful development during Triton’s ownership. Tokai Carbon is the ideal partner for COBEX going forward and this partnership will be beneficial for both companies,” said Peder Prahl, Director of the General Partners of the Triton funds.

“COBEX is a recognised innovation leader in material science and products. Thanks to its market leading position in high performance carbon and graphite solutions, COBEX enjoys long-standing, trusted partnerships with numerous customers around the world. Triton has now taken the next step to ensure a successful and sustainable future for COBEX,” adds Rohin Jain, Investment Advisory Professional at Triton.

“We thank Triton for being a stable investor and good partner. With Triton’s support and thanks to its sector expertise and know-how we have successfully gone to a stand-alone company and were able to foster COBEX’s position as a global market leader at the same time,” said Frank Goede and Andrzej Hotlos, Managing Directors of COBEX. “We welcome Tokai Carbon as a new owner and look forward to a successful future.”

“We are excited about acquiring COBEX as we believe that there is high growth potential of the business and it would help us realize our mid-term management plan T-2021. COBEX will allow us to expand our international footprint and to establish a production platform in Eastern Europe. We look forward to working with COBEX and move towards a successful future together”, said Hajime Nagasaka, President and CEO of Tokai Carbon.