Triton strikes a deal to invest in Turck Holding

• Turck is a global supplier of smart sensor technology and decentralised automation products
• The company creates products for factory, process and logistics automation for global customers
• Turck employs over 2,500 people

Triton has announced that Triton Fund V has signed an agreement with the Werner Turck Family Foundation enabling the fund to invest in Turck Holding.

The company, headquartered in Mülheim, Germany, is a global supplier of smart sensor technology and decentralised automation products for factory, process, and logistics automation for global clients. The company employs over 2,500 people.

Triton Partners is a London-headquartered private equity firm, has a portfolio of 49 companies. It invests across strategies in the industrial tech, services, consumer and healthcare sectors.

The deal is the second announced by Triton this week following on from its portfolio company Sunweb’s acquisition of Airtours.