- Leadec bought Elmleigh to expand into the European parcel distribution sector and food and beverage industry
- Leadec made sales of approximately €940 million in 2021
- The company was acquired by Triton Fund IV in August 2016
Leadec, a Triton Partners portfolio company, announced the acquisition of Elmleigh Electrical Systems. Elmleigh provides process automation and systems integration for operators in the food and beverage and parcel distribution sectors throughout Europe.
The company’s services include electrical and mechanical installations, control panel assembly, project management, design, software, and control cabinet fabrication. Elmleigh is based in Hinckley, England.
“With our subsidiary Diversified Automation, we already have a strong footprint in the parcel distribution sector in the USA,” said Markus Glaser-Gallion, CEO of Leadec. “Elmleigh will complement it in Europe and also bring its expertise for the food and beverage industry – two growth markets in which we want to expand strategically.”
Leadec, acquired by Triton Fund IV in August 2016, is a global service specialist for factories. The service provider employs about 20,000 people worldwide and is based at more than 300 sites. In 2021, the Stuttgart, Germany-based Leadec, made approximately €940 million in sales.
Triton Partners, the London-headquartered private equity firm, has a portfolio of 49 companies. It invests across strategies in the industrial tech, services, consumer and healthcare sectors.
PE Hub Europe has covered a number of deals involving Triton’s portfolio companies recently, including EQOS Group’s purchase of Colas Rail, OCU’s acquisition of Opals and OCU’s further purchase of InICT.