Triton Acquires VolkerWessels' V&N Group (Visser & Smit Hanab, VW Telecom and Homij)

Triton Completes Acquisition of Siemens Energy's Trench Business

April 2, 2024

Manufacturing

Triton Fund V, advised by Triton, has completed the acquisition of Siemens Energy's Trench business, a global manufacturer of high‑voltage grid components. Trench operates nine factories across Europe, North America and China with approximately 2,400 employees; Triton said the asset will support its strategy to back market‑leading industrial technology companies and benefit from the energy transition.

Triton Combines Assemblin and Caverion to Form Assemblin Caverion Group

March 5, 2024

Engineering Services

Triton is combining its portfolio companies Assemblin and Caverion into the newly formed Assemblin Caverion Group, creating a leading Northern European technical service and installation business. The combined group will be incorporated in Sweden, operate across around ten countries, generate roughly EUR 3.8 billion (SEK 43.5 billion) in annual turnover and employ about 21,900 people; leadership will be drawn from both businesses with Assemblin CEO Mats Johansson as Group CEO.

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.

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.

Polygon (Triton-backed) Acquires VANWAARDE

April 10, 2019

Environmental Services

Polygon, a Triton Fund III company, has acquired VANWAARDE, a Netherlands-based document, artefact and art restoration specialist, with the transaction effective retroactively from 1 January 2019. The deal strengthens Polygon Netherlands’ capabilities in document restoration and broadens its full-service property damage control offering; VANWAARDE reported ~€1.7 million in revenue and about 14 employees.

Triton Acquires Sunweb Group

March 1, 2019

E-Commerce

Funds advised by Triton have completed the acquisition of Sunweb Group, a leading European online tour operator headquartered in the Netherlands. Triton said it will support management and invest to drive growth and development across Sunweb's pan‑European online holiday business.