Announced
Completed
Financials
Tags
Majority
Single Bidder
Cross Border
Private
Acquisition
Friendly
Germany
manufacturing
sinks
Household Appliance
Private Equity
Completed
Synopsis
Triton Partners, a private equity firm, completed the acquisition of SCHOCK, a kitchen sinks manufacturer, from IK Investment Partners, for $360m. "We want to support the management and employees of SCHOCK by investing in and supporting the continued growth and development of the company. We look forward to working together with the management team to strengthen the company’s core business and to support its international growth," Peder Prahl, Triton General Partner.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.