{"id":42321,"date":"2018-07-18T17:48:27","date_gmt":"2018-07-18T15:48:27","guid":{"rendered":"https:\/\/newserver.fyb.de\/exit-triton-completes-sale-of-aventics-to-emerson\/"},"modified":"2018-07-18T17:48:27","modified_gmt":"2018-07-18T15:48:27","slug":"exit-triton-completes-sale-of-aventics-to-emerson","status":"publish","type":"post","link":"https:\/\/www.fyb.de\/en\/exit-triton-completes-sale-of-aventics-to-emerson\/","title":{"rendered":"Exit: Triton completes sale of Aventics to Emerson"},"content":{"rendered":"<p>Laat\u00adzen (Germany) \u2014 Funds advi\u00adsed by<strong> Triton<\/strong> (\u201cTriton\u201d) have successfully comple\u00adted the sale of <strong>Aven\u00adtics <\/strong>to<strong> Emer\u00adson<\/strong> (NYSE: EMR). Aven\u00adtics is one of the worl\u00add\u2019s leading compa\u00adnies in the field of intel\u00adli\u00adgent pneu\u00adma\u00adtic tech\u00adno\u00adlo\u00adgies used in machine and factory auto\u00adma\u00adtion. The parties have agreed not to disc\u00adlose the purchase price.<\/p>\n<p><strong>Triton acqui\u00adred Aven\u00adtics in Decem\u00adber 2013 through a corpo\u00adrate carve-out from Bosch<\/strong>. Under Triton\u2019s owner\u00adship, Aven\u00adtics\u2019 manage\u00adment and advi\u00adsory board have worked toge\u00adther on a number of impro\u00adve\u00adment initia\u00adti\u00adves to streng\u00adthen the company\u2019s posi\u00adtion as one of the worl\u00add\u2019s leading manu\u00adfac\u00adtu\u00adr\u00aders of intel\u00adli\u00adgent pneu\u00adma\u00adtic tech\u00adno\u00adlo\u00adgies for machine and factory auto\u00adma\u00adtion applications.<\/p>\n<p>Key impro\u00adve\u00adment initia\u00adti\u00adves include the inter\u00adna\u00adtio\u00adna\u00adliza\u00adtion of the busi\u00adness, the dive\u00adst\u00adment of non-core busi\u00adnesses, and effi\u00adci\u00adency gains in produc\u00adtion. In prepa\u00adra\u00adtion for the future, the digi\u00adtiza\u00adtion of the company was star\u00adted by intro\u00addu\u00adcing digi\u00adtal tools. It also included occu\u00adpa\u00adtio\u00adnal safety programs, invest\u00adments in product deve\u00adlo\u00adp\u00adment and the estab\u00adlish\u00adment of a new global sales organization<\/p>\n<p><strong>About Aven\u00adtics<\/strong><br>\nAven\u00adtics is one of the leading manu\u00adfac\u00adtu\u00adr\u00aders of pneu\u00adma\u00adtic compon\u00adents and systems. The pneu\u00adma\u00adtics specia\u00adlists offer products and services for indus\u00adtrial auto\u00adma\u00adtion and the food, pack\u00ada\u00adging, medi\u00adcal and energy tech\u00adno\u00adlogy sectors. The company also deve\u00adlops solu\u00adti\u00adons for commer\u00adcial vehic\u00adles, ships and rail vehicles.<\/p>\n<p>By inte\u00adgra\u00adting elec\u00adtro\u00adnics, using modern mate\u00adri\u00adals and focu\u00adsing on machine safety and Indus\u00adtry 4.0, Aven\u00adtics is a pioneer in user- and envi\u00adron\u00admen\u00adtally-friendly solu\u00adti\u00adons. With the expan\u00adsion of digi\u00adta\u00adliza\u00adtion, Aven\u00adtics is posi\u00adtio\u00adning itself for the future.<\/p>\n<p>Aven\u00adtics can look back on around 150 years of pneu\u00adma\u00adtics expe\u00adri\u00adence and employs over 2,000 people world\u00adwide. From its produc\u00adtion sites in Germany, France, Hungary, USA and China, Aven\u00adtics sells its products through direct sales and distri\u00adbu\u00adtors in more than 100 count\u00adries. Aven\u00adtics Group has multi\u00adple certi\u00adfi\u00adca\u00adti\u00adons, inclu\u00adding ISO 9001 and ISO\/TS 16949 for quality, ISO 50001 for energy manage\u00adment, and ISO 14001 for envi\u00adron\u00admen\u00adtal management.<\/p>\n<p><strong>About Triton<\/strong><br>\nThe Triton funds invest in medium-sized compa\u00adnies based in Europe and support their posi\u00adtive deve\u00adlo\u00adp\u00adment. They focus on compa\u00adnies in the indus\u00adtrial, services and consu\u00admer goods\/healthcare sectors.<\/p>\n<p>Triton\u2019s goal is to successfully deve\u00adlop its port\u00adfo\u00adlio compa\u00adnies in the long term by working toge\u00adther as part\u00adners. Triton and its manage\u00adment strive to gene\u00adrate posi\u00adtive change and growth through the sustainable impro\u00adve\u00adment of opera\u00adtio\u00adnal proces\u00adses and struc\u00adtures. At present, Triton\u2019s port\u00adfo\u00adlio includes 35 compa\u00adnies with total sales of around EUR 13 billion and around 87,000 employees.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Laat\u00adzen (Germany) \u2014 Funds advi\u00adsed by Triton (\u201cTriton\u201d) have successfully comple\u00adted the sale of Aven\u00adtics to Emer\u00adson (NYSE: EMR). Aven\u00adtics is one of the worl\u00add\u2019s leading compa\u00adnies in the field of intel\u00adli\u00adgent pneu\u00adma\u00adtic tech\u00adno\u00adlo\u00adgies used in machine and factory auto\u00adma\u00adtion. The parties have agreed not to disc\u00adlose the purchase price. Triton acqui\u00adred Aven\u00adtics in December&nbsp;[\u2026]<\/p>\n","protected":false},"author":2,"featured_media":42333,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"wp_typography_post_enhancements_disabled":false,"footnotes":""},"categories":[886,1364,1366],"tags":[],"class_list":["post-42321","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general-en","category-featured-en","category-news-en","news-category-private-equity-news-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Exit: Triton completes sale of Aventics to Emerson - FYB Financial Yearbook<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.fyb.de\/en\/exit-triton-completes-sale-of-aventics-to-emerson\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Exit: Triton completes sale of Aventics to Emerson - FYB Financial Yearbook\" \/>\n<meta property=\"og:description\" content=\"Laat\u00adzen (Germany) \u2014 Funds advi\u00adsed by Triton (\u201cTriton\u201d) have successfully comple\u00adted the sale of Aven\u00adtics to Emer\u00adson (NYSE: EMR). Aven\u00adtics is one of the worl\u00add\u2019s leading compa\u00adnies in the field of intel\u00adli\u00adgent pneu\u00adma\u00adtic tech\u00adno\u00adlo\u00adgies used in machine and factory auto\u00adma\u00adtion. The parties have agreed not to disc\u00adlose the purchase price. 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