Bad Oeynhausen (Germany), 4 December 2015 - Funds advised by Triton ("Triton") announced today that they sold their investment in battenfeld-cincinnati ("BC") to Zweite VR Trust Beteiligungs UG. As a result, all Triton representatives resigned from the BC Board with immediate effect. The parties have agreed not to disclose the purchase price.
About BC
BC is a global market and quality leader in manufacturing extrusion systems for thermoplastics used in the production of pipes, profiles and packaging goods with a market share of approx. 24 % in its relevant key markets. The Company covers the entire value chain ranging from single extruders to complete extrusion lines and has a global presence. The offering is complemented by a worldwide service network offering spare parts, commissioning, customer training, inspection, maintenance, repair service and consulting to a large global customer base in more than 90 countries.
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.