Triton Fund V advised by Triton Partners, has signed an agreement to sell Ewellix, a global innovator and manufacturer of linear motion and actuation solutions, to Schaeffler, the leading global supplier to the automotive and industrial sectors.
Triton acquired Ewellix, formerly known as SKF Motion Technologies, via a carve-out transaction from Sweden’s SKF Group in 2018. By combining Triton’s expertise in the Industrial Tech sector with the firm’s strong track record in carve-outs, Ewellix underwent a rapid and highly successful transformation.
Ewellix has sales offices in 15 countries, which combined with its network of ~550 selected distribution partners and ~3,200 branch offices, gives it a truly global sales presence. The company operates 6 manufacturing units across the US, Europe and Asia, enabling efficient delivery to its worldwide customer base.
Read more: Press Release
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