Triton sells Alimak in SEK 46bn EV deal

Latour acquired 14,461,809 shares in Alimak at SEK 134 apiece, corresponding to a total of SEK 1.94bn.

Triton listed Alimak on Nasdaq Stockholm in 2015 in its first Swedish IPO.

Previous funding
3i and Ratos invested in Alimak Hek in 2001. Over the course of the following five years, the company's turnover increased from €130m (SEK 1.2bn) in 2001 to around €174m (SEK 1.6bn) in 2006.

Triton then bought Alimak from 3i and Ratos in January 2007 in a deal valued at €242.7m, according to unquote" data.

Company
Based in Stockholm, Alimak was founded as Intervect in 2001 and changed its name to Alimak Hek Group in 2005. It manufactures construction hoists, industrial lifts, mast climbing work platforms, transport platforms, and material hoists. It has 12 manufacturing facilities in eight countries, employing 2,351 staff. In 2016, Alimak posted a turnover of approximately SEK 8bn.

People
Triton – Peder Prahl (director).
Alimak – Tormod Gunleiksrud (CEO).

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