At a glance
Country
Luxembourg
Fund
TRITON I
Investment date
February 2004
Realised
August 2005
Sector
Industrial Tech
Company website
Key events since Triton's investment
- Optimized production and reduced costs by standardization, a new supply chain management system as well as production and purchasing improvements
- Restructured the sales organization
- Completed add-on acquisitions, leading to increased product portfolio and a better market position
A European producer of gas-control equipment
GCE was acquired by Triton Fund I in February 2004
GCE, a producer of gas-control equipment, is organized into four business areas – Cutting and Welding, Process Applications, Medical and High Purity. The product portfolio ranges from simple pressure regulators and blowpipes for cutting and welding to sophisticated gas-supply systems for medical and electronics-industry applications. Triton acquired GCE from a joint venture between AGA AB, a gas group Linde subsidiary, and ESAB AG, a producer of welding equipment.
Triton sold GCE to Bank of America Capital Partners in August 2005.