Triton Beratungsgesellschaft GmbH: Triton signed agreement to acquire Rexroth Pneumatics

(DGAP-Media / 16.09.2013 / 14:06) 
 
Hannover/Laatzen, 16 September 2013 - Funds advised by Triton have signed 
an agreement to acquire Rexroth Pneumatics, a specialised pneumatics 
manufacturer and subsidiary of German drive and control company Bosch 
Rexroth. The transaction is funded by the 'Triton IV' fund and includes all 
assets of the carved out entity Rexroth Pneumatics. The transaction is 
subject to approval by the relevant anti-trust authorities. Both parties 
have agreed not to disclose further details. 
 
'Rexroth Pneumatics has the potential to benefit from market growth driven 
by an increasing global trend towards automation. We are confident that 
focused investment will enable the company to operate successfully as a 
stand alone entity,' said Peder Prahl, Director of the General Partner of 
the Triton funds. 
 
'The sale of our activities to Triton - an owner with broad experience in 
the successful management of medium sized companies - was the next logical 
step in the successful development of our pneumatics business,' said Karl 
Tragl, CEO of Bosch Rexroth. 
 
Rexroth Pneumatics, headquartered in Hannover/Laatzen, developed into a 
leading pneumatics specialist following the merger of Bosch Automation and 
Rexroth Pneumatics in 2001. The company produces high quality parts such as 
valves and cylinders for industrial machinery, the automotive and 
transportation industry, the energy sector and other areas. Rexroth 
Pneumatics has a strong innovation track record in developing customer 
specific solutions. Rexroth Pneumatics has about 2,100 employees in five 
production sites in Germany, France, Hungary, USA and China and operates a 
global sales network in more than 35 countries. 
 
 
About Triton 
 
The Triton funds invest in and support the positive development of 
medium-sized businesses headquartered in Northern Europe - with a focus on 
Germany, Switzerland, Austria and the four Nordic countries: Denmark, 
Finland, Norway and Sweden. Within this European region, Triton focuses on 
businesses in the Industrial, Business Services, and Consumer/Health 
sectors. 
 
Founded in 1997, Triton seeks to contribute to the building of better 
businesses for the longer term. Triton and its executives wish to be agents 
of positive change towards sustainable operational improvements and growth. 
The 25 companies currently in Triton's portfolio have combined sales of 
approximately 12.9 billion Euros and over 52,000 employees. 
 
The Triton funds are advised by dedicated teams of investment professionals 
based in Germany, Sweden, United Kingdom, Luxembourg and Jersey. 
 
For further information: www.triton-partners.com 
 
Press Contact 
 
Triton 
 
CNC 
Max Hohenberg 
Phone: [phone] 
Email: [e-mail] 
 
Bosch Rexroth 
 
Jana Ullsperger 
Phone: [phone] 
Email: [e-mail] 
 
 
End of Media Release 
 
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Issuer: Triton Beratungsgesellschaft GmbH 
Key word(s): Industry 
 
16.09.2013 Dissemination of a Press Release, transmitted by DGAP - a 
company of EQS Group AG. 
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230510 16.09.2013 
 

(END) Dow Jones Newswires

September 16, 2013 08:06 ET (12:06 GMT)