Advisor to WernerCo and Triton Partners on the acquisition of Zarges Group
We advised WernerCo and Triton Partners on the acquisition of Zarges Group, a leading provider of professional access, storage and special construction solutions.
Zarges Group, based in Weilheim, Germany, is a global player with a workforce of approximately 800 in three production sites in Europe, selling into various markets including Germany, France, Sweden, Denmark, Norway, Netherlands and the UK. Innovative technologies and established experience with high-quality aluminium make Zarges the leading company in three major business sectors: Professional Access, Storage Solutions, and Special Construction. Zarges' products combine the multiple benefits of aluminium such as high stability with low weight, corrosion resistance and flexibility of use. Zarges has the right solution for every demand and can also offer customised solutions.
WernerCo, a Triton IV fund company, is an international manufacturer and distributor of access products, fall protection equipment, secure storage systems and light duty construction equipment. Its portfolio of industry leading brands include Werner, KNAACK®, WEATHER GUARD®, Youngman®, BoSS®, Centaure, Duarib, Haemmerlin and Bailey. WernerCo has manufacturing, warehousing, sales, distribution and office facilities in the United States, Australia, Canada, China, France, Hungary, Mexico, Philippines, Vietnam and the United Kingdom. Werner’s global headquarters are in Schaffhausen, Switzerland and its US headquarters are in Greenville, Pennsylvania.
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe, focusing on businesses in the Industrial, Business Services and Consumer/Health sectors. Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 34 companies currently in Triton’s portfolio have combined sales of around €14 billion and around 90,500 employees.
Zarges’, Werner Co’s and Triton’s operations are very complementary, and the acquisition enhances WernerCo’s position as a market leader for industrial climbing products and storage and transport containers in Europe.
"Zarges is a great company with its focus on product innovation and quality. We are convinced about the positive development of the firm as well as the benefit for both, WernerCo and Zarges. We are looking forward to supporting the company’s growth trajectory in the coming years,” commented Ruth Linz, Investment Advisory Professional and Advisor to the Triton Funds.< Go back to results