Triton-backed Glamox buys O Küttel

The acquisition will be used as a platform for Glamox to enter the Swiss lighting market.

Triton acquired Glamox in September 2017, drawing equity from the €3.3bn Triton Fund IV, which held a final close in May 2013 and was 70% invested by July 2017.

O Küttel employs 60 people and generated revenues of CHF 20m (€17m) in 2017. Glamox employs 1,300 people and reported sales of NOK 2.2bn (€262m) in 2016.

Company
O Küttel is a provider of lighting products to customers throughout Switzerland, with facilities in Kriens, Bern and Zürich. The company was founded in 1947.

People
Glamox – Rune Marthinussen (CEO).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Portfolio management
• DACH
• Consumer
• Switzerland
• Triton Partners