Triton places 3 million shares of Befesa S.A. with institutional investors
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Frankfurt (Germany), 21 March 2018- Following the successful IPO of Befesa S.A. ("Befesa") in November 2017, funds advised by Triton ("Triton") have successfully placed 3 million shares of Befesa with institutional investors in an accelerated bookbuilding process. The placement price was €38.50. Funds managed by Triton will remain Befesa's largest group of shareholders after the placement.
The accelerated bookbuilding was managed by Citigroup, Goldman Sachs International and J.P. Morgan.
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 36 companies currently in Triton's portfolio have combined sales of around €14.2 billion and around 91,000 employees. The Triton funds are advised by dedicated teams of professionals based in Germany, Sweden, Norway, Finland, Denmark, Italy, the United Kingdom, the United States, China, Luxembourg and Jersey.
For further information: www.triton-partners.com