Triton sells COBEX to Tokai Carbon
Frankfurt / Wiesbaden (Germany), Tokyo (Japan) 17 June 2019 – Funds advised by Triton (“Triton”) have signed an agreement to sell COBEX, a leading manufacturer and supplier of carbon and graphite products used in the aluminum, primary 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, the former Cathodes, Furnace Linings and Carbon Electrodes business of SGL Group in 2017. “We would like to thank the management team and the employees for