Triton Partners Acquires Majority Stake in Royal Reesink

Triton (via Rebecca BidCo) Acquires Majority Stake in RENK AG

January 30, 2020

Manufacturing

Triton V, through its subsidiary Rebecca BidCo, signed an agreement to acquire a majority stake in RENK AG from Volkswagen Vermögensverwaltungs-GmbH and other shareholders, valuing VW’s 76% stake at €97.80 per share. The transaction completed in October 2020 after a voluntary public takeover offer that secured an additional ~14.2% of shares; RENK AG (headquartered in Augsburg, Germany) will be a Triton portfolio company focused on expanding its technology leadership and digitalisation initiatives.

Triton Sells Remaining RENK Shares, Completing Exit

August 29, 2025

Aerospace & Defense

Funds managed by Triton Partners sold their remaining shares in RENK Group AG, completing a full exit after a five-year partnership that included a 2024 IPO. RENK, a Germany-headquartered manufacturer of mission-critical drive solutions with operations worldwide, strengthened its global position and completed strategic add-ons under Triton's ownership.

Triton Acquires Majority Stake in Kälte Eckert Group

July 28, 2022

HVAC & Mechanical

Triton (Triton Smaller Mid‑Cap Fund II) has acquired a majority stake in Kälte Eckert Group, a German specialist in refrigeration and air‑conditioning systems using natural refrigerants. Triton is investing alongside management (Michael and Holger Eckert) to support the company’s regional expansion and further develop its sustainable refrigeration capabilities; terms were not disclosed.

Triton Acquires MacGregor from Hiab (formerly Cargotec)

July 31, 2025

Industrial Services

Funds advised by Triton have completed the acquisition of the MacGregor business from Hiab (formerly Cargotec). MacGregor is a global leader in maritime and offshore cargo and load handling, with ~EUR 800m of 2024 sales and about 2,000 employees; Triton said the deal aligns with its strategy to invest in industrial technology leaders with strong engineering and aftermarket potential.

Grupo Fertiberia Acquires Van de Reijt

November 24, 2022

Agriculture

Grupo Fertiberia, a Triton-backed leader in EU crop nutrition, has agreed to acquire Van de Reijt, a long-established fertilizer wholesaler with waterfront bulk terminals in the Netherlands and Belgium. The acquisition strengthens Fertiberia’s distribution and logistics footprint in the Benelux to support sales of its low‑carbon and sustainable crop nutrition solutions; the deal was expected to close in Q1 2023 subject to customary approvals.

Equinor and SSE Thermal Acquire Triton Power from Energy Capital Partners

June 28, 2022

Energy

Equinor and SSE Thermal have completed the £341 million acquisition of Triton Power from Energy Capital Partners, forming a 50:50 joint venture to own Triton. The deal includes the 1.2 GW Saltend Power Station and positions the buyers to decarbonise flexible power generation — including plans to prepare Saltend to run on up to 30% hydrogen from 2027 and eventual conversion to hydrogen — while supporting Equinor's H2H Saltend hydrogen project.