Triton completes acquisition of Seves

  Mergers, acquisitions & disposals

The Seves Group, headquartered in Florence, one of the world's leading manufacturers of high voltage electrical insulators for power generation, transportation and distribution, has been acquired by Triton.

SEVESglassblock
Triton has successfully concluded the acquisition of Seves Group
Funds advised by Triton have successfully closed the acquisition of Seves Group.
The Seves Group, headquartered in Florence, has become one of the world's leading manufacturers of high voltage electrical insulators for power generation, transportation and distribution up to 1200kV AC and 800kV DC applications and glass blocks for architectural and interior design applications. Seves Group operates production facilities, commercial offices and R&D locations in Europe, Asia and South America and employs more than 2,500 people worldwide.
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Northern Europe - with a focus on Germany, Switzerland, Austria and the four Nordic countries: Denmark, Finland, Norway and Sweden. Within this European region, Triton focuses on businesses in the Industrial, Business Services, and Consumer/Health sectors.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 29 companies currently in Triton's portfolio have combined sales around EUR 13.5 billion and more than 60,000 employees. The Triton funds are advised by dedicated teams of investment professionals based in Germany, Sweden, United Kingdom, Luxembourg and Jersey.

Channel: Mergers, acquisitions & disposals

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