Announced
Financials
Tags
Single Bidder
Friendly
Pending
Private
Cross Border
Electronic Components and Equipment
actuator components
Sweden
Acquisition
Private Equity
Majority
Synopsis
Schaeffler, a global supplier to the automotive and industrial sectors, agreed to acquire Ewellix, a global innovator and manufacturer of linear motion and actuation solutions, from Triton Partners, a private equity firm. Financial terms were not disclosed. "We would like to thank Ewellix’s management team, employees and all those that have contributed to the company’s successful transformation during our ownership. We wish Ewellix all the best for the future under Schaeffler’s stewardship," Claus von Hermann, Triton Managing Partner.
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