DYWIDAG-Systems International acquires PARTEC System in Poland
Luxembourg / Gajków (Poland) — Dywidag-Systems International (“DYWIDAG”), a portfolio company of Triton Fund III, has announced the acquisition of PARTEC System (“PARTEC”). PARTEC was founded 20 years ago by Krzysztof Kotarba as a specialized manufacturer and distributor of permanent formwork and hydroinsulation systems for the construction sector. The company is based in Gajków near Wroclaw and operates throughout Europe. This acquisition is an important step in DYWIDAG’s expansion to meet the needs of the European market.
The speed and reliability of PARTEC, combined with DYWIDAG’s distribution channels, is expected to generate significant growth and product development within the Group. Krzystof Kotarba said, “It is clear that DYWIDAG’s values and vision reflect my values and those of the PARTEC organization. These shared principles and DYWIDAG’s ambition provide PARTEC with an exciting opportunity to continue to grow and become an integral part of future business success.”
Ian Jarvis, President of Concrete Accessories DYWIDAG, said, “We are pleased to welcome the PARTEC team to DYWIDAG. This is an important milestone for our Concrete Accessories business, which we intend to further expand in the area, and to build a strong presence in the Polish market. This provides us with greater opportunities for the emerging markets in Eastern Europe. ”
Matti Kuivalainen, CEO of DYWIDAG, said: “Strategically, we see many opportunities in Europe. I am very pleased that PARTEC has become part of the DYWIDAG family. The acquisition of PARTEC strengthens the business area and our position in specialty building materials. ”
Since its founding in 1997, Triton has launched nine funds and focused on companies in the industrial, services, consumer goods and healthcare sectors. The Triton funds invest in medium-sized companies based in Europe and support their positive development. Triton’s goal is to successfully develop its portfolio companies in the long term by working together as partners. Triton and its management strive to generate positive change and growth through the sustainable improvement of operational processes and structures.Currently, Triton’s portfolio includes 38 companies with total sales of around 14.9, billion euros and approximately 73,000 employees. www.triton-partners.de