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Triton set to buy Alstom’s heat exchanger unit – Reuters

German private equity group Triton looks set to buy French turbine and train maker Alstom‘s heat exchanger unit, writes Reuters. The Triton bid is seen as having an edge over a rival offer by private equity firm Bain. Private equity firm Astorg was also expected to have submitted a bid last week, writes Reuters.

Triton sells WERU to H.I.G. Capital

Triton is selling WERU, a German manufacturer of windows, doors and carports, to H.I.G. Capital. The transaction is subject to the approval of the relevant authorities. Both parties involved have agreed not to disclose the purchase price.

Reuters – Bain Capital to Acquire Triton’s Bravida

Private equity firm Triton is to sell Scandinavian installation services provider Bravida to Bain Capital for an undisclosed sum, writes Reuters. Triton, which owns Bravida through its Triton Fund III, bought the company from Norway’s Telenor in 2006. Earlier this year, sources told Reuters that Bain Capital was among at least four private equity firms […]

AMETEK in Dunkermotoren Deal

AMETEK, the listed, Pennsylvania-based electronic instrument manufacturer, will buy acquire the parent company of Dunkermotoren GmbH from European PE firm Triton. Specifics of the deal were not publicized but Dunkermotoren, based in Germany, has anticipated 2012 sales of about $200 million. PRESS RELEASE: BERWYN, Pa., April 26, 2012 AMETEK, Inc. (NYSE: AME) today announced that […]

Slideshow: In Good Health

Healthcare buyouts accounted for 65% of the value of the top ten global private equity deals in 2011, according to a report by Bain & company. This top ten takes a look at who paid the highest price and for what deals.

Sweden’s Bravida Attracts Bids

Four private equity firms are set to fight it out for Sweden’s Bravida, worth around $1 billion, writes Reuters. Sources familiar with the matter said EQT, Apax Partners, Bain Capital and PAI Partners have proceeded into the second round of bids for the installation services firm, owned by private equity group Triton. Reuters – At […]

Troubled Nordic Tankers Sells Chemical Tanker Business

Indebted Danish shipping firm Nordic Tankers has agreed to sell its chemical tankers arm in a bid to secure its future and is negotiating a loan repayment freeze for its remaining assets for another year, writes Reuters. The company said it had agreed to sell its chemical tanker business for $30 million to a company […]

Triton Eyes €2.5B Fund

(Reuters) – Northern European private equity firm Triton Partners is hoping to raise at least 2.5 billion euros ($3.3 billion) for buyouts, just two years after finalizing its last deals fund, two people familiar with the situation said. Triton, which owns Nordic healthcare group Ambea and electrics and plumbing installation company Bravida, is preparing a […]

Triton Hires Advisors for Bravida Sale

Buyout shop Triton has hired Deutsche Bank and Handelsbanken to advise it on a sale of portfolio company Bravida, which provides installation services for buildings and plants, Reuters reported Wednesday. The company could fetch an estimated $1 billion. Triton, which focuses on companies in the Nordics and in German-speaking parts of Europe, bought Bravida at the end of 2006, Reuters wrote.

Rhone Capital, Triton Get Approval for Evonik Deal

Buyout firms Rhone Capital and Triton have received approval from the European Union to proceed with the acquisition of German company Evonik‘s industrial carbon division ECB, Reuters reported Tuesday. The ECB division makes produces used in specialty pigments, and used to reinforce rubber used in tires and other products.

Triton Puts Lehnkering On the Block

Buyout firm Triton has put German chemicals and steel logistics services firm Lehnkering up for sale, hiring Rothschild to manage the process, Reuters reported. Triton bought the business, provides storage and shipping for the chemicals and steel industries, in 2004. (Reuters) – Private equity investment firm Triton has put German chemicals and steel logistics services […]

Triton Buys European Steelmaker

Triton has agreed to acquire most of European steel producer Ovako, for an undisclosed amount. The deal does not include Ovako’s wire division. No financial terms were disclosed.

Munsters to sell MCS to Triton

Munsters said Wednesday that it has agreed to sell MCS. Triton, a private equity firm based in Frankfurt, is the buyer. MCS, a unit of MunsterS, provides damage restoration services and had net sales of SEK 2,768 M and 1,805 employees in 18 countries. The deal value is roughly SEK 1,300. Munsters, of Kista, Sweden, said its remaining businesses will be focused on air treatment solutions.

Triton Gets More Time on Karstadt Bid

FRANKFURT (Reuters) – European buyout firm Triton has won more time to negotiate a deal to buy insolvent German department store chain Karstadt after asking for further concessions from workers and landlords. The creditor committee of Karstadt has agreed to extend the deadline for the sale to May 28, having initially aimed to close the […]

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