Triton completes sale of COBEX

July 29, 2019 Frankfurt/Wiesbaden (Germany), Tokyo (Japan), July 29, 2019 — Funds advi­sed by Triton (“Triton”) have comple­ted the sale of COBEX, a leading manu­fac­tu­rer and supplier of carbon and graphite products for alumi­num, primary iron and iron and other smel­ting indus­tries, to Tokai Carbon Co, Ltd (“Tokai Carbon”), a pioneer in the Japa­nese carbon products indus­try, for an enter­prise value of EUR 825 million.

Triton acqui­red COBEX, SGL Group’s former catho­des, furnace linings and carbon elec­tro­des busi­ness, in 2017.

About Cobex

COBEX is a leading global manu­fac­tu­rer of carbon and graphite products for the primary alumi­num and iron indus­tries and other metall­ur­gi­cal smel­ting proces­ses. COBEX’s core compe­ten­cies are the produc­tion of premium quality and maxi­mum consis­tency catho­des, furnace linings and carbon elec­tro­des. COBEX main­ta­ins long-stan­­ding, trus­ting part­ner­ships with nume­rous custo­mers around the world. With inno­va­tive solu­ti­ons COBEX helps its custo­mers to create added value and opti­mize total cost of owner­ship. A highly quali­fied team with many years of expe­ri­ence in product deve­lo­p­ment and appli­ca­tion supports custo­mers with tech­ni­cal know­ledge and skills. COBEX is based in Wies­ba­den, Germany. The company also has two plants in Poland and sales and tech­ni­cal services in China.

For more infor­ma­tion: https://cobexgroup.com/

About Tokai Carbon

Foun­ded in 1918, Tokai Carbon has been a market leader for over 100 years in the manu­fac­ture and distri­bu­tion of a wide range of high-quality carbon and graphite products for nume­rous global custo­mers in a wide range of indus­tries inclu­ding steel, auto­mo­tive, semi­con­duc­tors and elec­tro­nic compon­ents. Tokai Carbon has deve­lo­ped and deli­vered cutting-edge carbon product exper­tise to meet custo­mer needs. Tokai Carbon main­ta­ins a global network of 42 sites in 10 count­ries in Asia, Europe and North America. The company had conso­li­da­ted sales of JPY231 billion and total assets of JPY317 billion for the year ended Decem­ber 31, 2018. Tokai Carbon is listed on the Tokyo Stock Exchange.

For more infor­ma­tion: www.tokaicarbon.co.jp/en/

About Triton

Since its foun­ding in 1997, Triton has laun­ched nine funds and focu­sed on compa­nies in the indus­trial, services, consu­mer goods and health­care sectors. The Triton funds invest in medium-sized compa­nies based in Europe and support their posi­tive development.

Triton’s goal is to successfully deve­lop its port­fo­lio compa­nies in the long term by working toge­ther as partners.

Triton and its manage­ment strive to gene­rate posi­tive change and growth through the sustainable impro­ve­ment of opera­tio­nal proces­ses and struc­tures. At present, Triton’s port­fo­lio includes 37 compa­nies with total sales of around EUR 14.6 billion and around 72,400 employees.