Triton places 4.2 million shares of Stabilus S.A. with institutional investors
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Frankfurt (Germany), March 17, 2015 - Following the successful IPO of Stabilus S.A. ("Stabilus") in May 2014 and the share placement in December 2014, funds advised by Triton ("Triton") announced today that Triton has successfully placed 4.2 million shares of Stabilus at a price of EUR 28.635 per share with institutional investors in an accelerated bookbuilding process. The placement increases the free float to approximately 99%.
The accelerated bookbuilding was managed by Commerzbank.
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.
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 30 companies currently in Triton's portfolio have combined sales of around €14.5 billion and more than 66,500 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