Triton Acquires SCHOCK GmbH from IK Investment Partners
February 18, 2021
Triton Fund V, advised by Triton, has signed and completed an agreement to acquire SCHOCK GmbH, the German inventor and leading producer of quartz composite kitchen sinks, from IK Investment Partners (IK VIII Fund). Financial terms were not disclosed; Triton said it will support SCHOCK's international growth, product development and sustainability initiatives under the management team led by CEO Ralf Boberg.
- Buyers
- Triton Fund V (advised by Triton)
- Targets
- SCHOCK GmbH
- Sellers
- IK Investment Partners (IK VIII Fund)
- Industry
- Building Products
- Location
- Bavaria, Germany
- Transaction Type
- Buyout
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