Disclaimer :

The Competition DG makes the information provided by the notifying parties in section 1.2 of Form CO available to the public in order to increase transparency. This information has been prepared by the notifying parties under their sole responsibility, and its content in no way prejudges the view the Commission may take of the planned operation. Nor can the Commission be held responsible for any incorrect or misleading information contained therein.

SECTION 1.2

Description of the concentration

Triton intends to acquire shares in and sole control over a group of target companies and their subsidiaries, together referred to as “Wittur”. Triton is a private equity investment firm that provides management advice to and manages investments in European-based businesses. Wittur is mainly active in the design, production, sale and trade of elevator components for residential and commercial applications (both new installations as well as upgrades and refits). There are no horizontal overlaps and only limited vertical relations between the parties’ activities as regards the supply of electrical motors for elevator car door applications and the supply of elevator components to elevator installation companies.