Acquisition in pneumatics
Triton is about to transfer the company Aventics to Emerson, a global technology and engineering company providing innovative solutions for customers in industrial, commercial, and residential markets. “We would like to thank the management team, the employees and all other stakeholders for their contributions to Aventics successful development during Tritons ownership. Triton has been the owner of Aventics for more than four years and we view this as an appropriate time for a long-term industrial owner to continue the development of Aventics. Emerson is an ideal partner for Aventics going forward with an ideal cultural fit. This partnership will open new opportunities for both companies”, said Peder Prahl, Director of the General Partner to the Triton fund.