Triton Investments Advisers LLP, the UK based private equity firm, has sold SEVES Group S.a r.l., the Luxembourg based parent company of SEDIVER Group, a provider of specialised electrical glass insulator solutions for the high-voltage transmission grid, to Blackstone Group, the UK based international alternative investment management company, for an undisclosed amount. The deal values Seves at an enterprise value of more than EUR 600m.
- Target – Seves Group S.à r.l.
- Buyer – Blackstone Europe LLP
- Seller – Triton Investments Advisers LLP
