Triton completes acquisition of ALPINE-ENERGIE
Linz (Austria), 25 February 2014 - Today funds advised by Triton have successfully closed the acquisition of German-Austrian infrastructure and system service provider ALPINE-ENERGIE Holding AG ("ALPINE-ENERGIE"). ALPINE-ENERGIE previously belonged to the Spanish group Fomento de Construcciones y Contratas ("FCC").
"ALPINE-ENERGIE offers a comprehensive service portfolio and has great potential for growth in its core business areas," said Peder Prahl, Director of the General Partner for the Triton funds. "We will support the company's development through targeted investments."
Herbert Furch, CEO of ALPINE-ENERGIE, added: "We are pleased to have found an expert partner in Triton that understands our business and has recognised the opportunities in our market."
The core business areas of ALPINE-ENERGIE are planning, installing and maintaining telecommunications, energy and transport networks. The company employs around 3,000 people and achieved a turnover of EURÂ 462m in the 2012 business year. ALPINE-ENERGIE generated the majority of its turnover in its core markets of Germany, Austria and Switzerland. The company also operates subsidiaries in Luxembourg, Poland, the Czech Republic, Italy and Hungary.
About ALPINE-ENERGIE
ALPINE-ENERGIE, with its eight country organisations in Europe, has developed from a company for electrical and industrial enterprises into an internationally active group in the segments of energy generation, energy transport and energy-technical applications since it was founded in 1920. 3,000 employees achieved a total turnover of 462 million Euro in 2012.
For further information: www.alpine-energie.com
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 24 companies currently in Triton's portfolio have combined sales of approximately 12.8 billion Euro and over 53,000 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
