Triton sells Dunkermotoren to US electronics manufacturer Ametek

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  • International expansion of production and sales
  • Research and development spending doubled
  • Job creation and significant increase in turnover
  • "In just a short time we have managed to turn Dunkermotoren from a niche player into a European market leader. Today the company is in excellent shape financially and operationally, which means it has every opportunity to continue growing under its new ownership," said a Triton spokesperson.

Frankfurt, May 02, 2012 – The independent investment firm Triton has sold the motor specialist Dunkermotoren, from the Black Forest in Germany, to Ametek Inc, a US manufacturer of electronic instruments and electromechanical devices. The transaction is expected to be completed in the second quarter of 2012, subject to approval from the antitrust authorities. The parties have agreed not to disclose the purchase price.

Triton bought the manufacturer of high-precision electric drives for customers in industrial automation, building technology, energy technology and medical technology in 2009 when it was a peripheral business of the telecommunications provider Alcatel-Lucent. Due to targeted operational improvements, broad investment in research and development and the internationalisation of production and sales, Triton has turned Dunkermotoren into a European market leader in just a short time.

"Even in a challenging market phase, we invested especially in research and development, thus retaining the company's ability to innovate. As well as making targeted acquisitions in the field of technology and expanding our presence in the US, China and Europe, we have extended our product range and sales network, all of which has strengthened the company's ability to compete in the long term," said a Triton spokesperson. In addition, after its takeover by Triton, the company continued to invest in training and jobs, creating a total of around 250 new jobs.

The acquisition of Dunkermotoren represents an outstanding strategic addition to Ametek's existing product portfolio and an expansion of its international presence. "While Dunkermotoren is very well positioned in Europe, Ametek enjoys a leading position in the US. We are convinced that Ametek will benefit from the company's strong position and the technological expertise of its employees," said a Triton spokesperson.

About Dunkermotoren

Dunkermotoren has been developing and producing high-precision electric drive systems for customers in industrial automation, building technology, energy technology (photovoltaics) and medical technology for over 50 years. The company's key products include brushless DC servo motors, brushed DC motors, a broad range of planetary and worm gearboxes, brakes and encoders. The company's headquarters is located in Bonndorf in the Black Forest (Baden-Württemberg). With additional branches in Taicang (China), Elgin/Chicago (US) and Subotica (Serbia), Dunkermotoren currently employs around 750 people in total.

More information about Dunkermotoren is available online at www.dunkermotoren.de

About TRITON

TRITON is an independent investment firm dedicated to investing in leading medium-size companies in central and northern European countries. The 25 companies currently in its portfolio are based in Germany, Switzerland, Austria and the Nordics and focus on three core sectors; service industry, the industrial sector and healthcare and consumer goods. Since its foundation in 1997, TRITON has helped implement strategies for growth in approximately 40 companies, including making further company acquisitions on their behalf to create new opportunities for development. With approximately 70 experienced investment consultants operating from five offices, in Jersey, London, Frankfurt, Stockholm and Luxembourg, TRITON and its advisers have outstanding expertise in working alongside management teams to turnaround, develop and grow businesses, particularly those which have encountered operational or financial difficulties.

For further information: www.triton-partners.com

About Ametek

AMETEK, Inc. is a leading global manufacturer of electronic instruments and electro-mechanical devices with annualized sales of $3.3 billion. AMETEK's Corporate Growth Plan is based on Four Key Strategies: Operational Excellence, Strategic Acquisitions & Alliances, Global & Market Expansion and New Products. AMETEK's objective is double-digit percentage growth in earnings per share over the business cycle and a superior return on total capital. The common stock of AMETEK is a component of the S&P MidCap 400 and the Russell 1000 Indices

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Brunswick Group

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CNC Communications & Network Consulting AG

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