Triton completes sale of Logstor
Løgstør (Denmark) / Stockholm (Sweden), June 22 2021 – Funds advised by Triton have completed the sale of Logstor, a market leader in pre-insulated pipes for District Energy and Industrial Applications, to the Kingspan Group, the world market leader in high performance insulation and building envelope solutions.
About Logstor
Logstor is the world’s leading supplier of pre-insulated pipe systems, not only for District Heating, but also for District Cooling, Oil & Gas, and various industrial verticals. Logstor is an international enterprise with sales and production companies in Denmark, Sweden, Finland and Poland and has sales to more than 50 markets through resellers and own sales companies in Germany, the Netherlands, Switzerland, Austria, France, Lithuania, Italy, Romania and United Kingdom. LOGSTOR employs 1,260 people and is headquartered in Løgstør, Denmark.
About Triton
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial & technology, services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe. 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 improvement and growth. The 48 companies currently in Triton's portfolio have combined sales of around €17.7 billion and employ around some 100,800 employees.
