ALTERNATIVE FINANCING FORMS
FOR ENTREPRENEURS AND INVESTORS
News

Exit: Triton completes sale of Aventics to Emerson

Cate­gory: Private Equity
18. July 2018

Laat­zen (Germany) — Funds advi­sed by Triton (“Triton”) have successfully comple­ted the sale of Aven­tics to Emer­son (NYSE: EMR). Aven­tics is one of the world’s leading compa­nies in the field of intel­li­gent pneu­ma­tic tech­no­lo­gies used in machine and factory auto­ma­tion. The parties have agreed not to disc­lose the purchase price.

Triton acqui­red Aven­tics in Decem­ber 2013 through a corpo­rate carve-out from Bosch. Under Triton’s owner­ship, Aven­tics’ manage­ment and advi­sory board have worked toge­ther on a number of impro­ve­ment initia­ti­ves to streng­then the company’s posi­tion as one of the world’s leading manu­fac­tu­r­ers of intel­li­gent pneu­ma­tic tech­no­lo­gies for machine and factory auto­ma­tion applications.

Key impro­ve­ment initia­ti­ves include the inter­na­tio­na­liza­tion of the busi­ness, the dive­st­ment of non-core busi­nesses, and effi­ci­ency gains in produc­tion. In prepa­ra­tion for the future, the digi­tiza­tion of the company was star­ted by intro­du­cing digi­tal tools. It also included occu­pa­tio­nal safety programs, invest­ments in product deve­lo­p­ment and the estab­lish­ment of a new global sales organization

About Aven­tics
Aven­tics is one of the leading manu­fac­tu­r­ers of pneu­ma­tic compon­ents and systems. The pneu­ma­tics specia­lists offer products and services for indus­trial auto­ma­tion and the food, pack­a­ging, medi­cal and energy tech­no­logy sectors. The company also deve­lops solu­ti­ons for commer­cial vehic­les, ships and rail vehicles.

By inte­gra­ting elec­tro­nics, using modern mate­ri­als and focu­sing on machine safety and Indus­try 4.0, Aven­tics is a pioneer in user- and envi­ron­­men­­tally-friendly solu­ti­ons. With the expan­sion of digi­ta­liza­tion, Aven­tics is posi­tio­ning itself for the future.

Aven­tics can look back on around 150 years of pneu­ma­tics expe­ri­ence and employs over 2,000 people world­wide. From its produc­tion sites in Germany, France, Hungary, USA and China, Aven­tics sells its products through direct sales and distri­bu­tors in more than 100 count­ries. Aven­tics Group has multi­ple certi­fi­ca­ti­ons, inclu­ding ISO 9001 and ISO/TS 16949 for quality, ISO 50001 for energy manage­ment, and ISO 14001 for envi­ron­men­tal management.

About Triton
The Triton funds invest in medium-sized compa­nies based in Europe and support their posi­tive deve­lo­p­ment. They focus on compa­nies in the indus­trial, services and consu­mer goods/healthcare sectors.

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. At present, Triton’s port­fo­lio includes 35 compa­nies with total sales of around EUR 13 billion and around 87,000 employees.

Subscribe newsletter

Here you can read about the latest transactions, IPOs, private equity deals and venture capital investments, who has raised a new fund, how Buy & Build activities are going.

Get in touch

Contact us!
fyb [at] fyb.de