Triton reaps 4x gross money in Ewellix trade sale

Triton reaps 4x gross money in Ewellix trade sale

Triton has agreed to sell linear motion solutions manufacturer Ewellix to Schaeffler, a German auto and industrial supplier group, for around EUR 582m. The amount does not include Ewellix’s around EUR 120m in net debt, which will be assumed by Schaeffler.

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