“Triton has a tradition of investing in companies with high-value creation potential and
is working closely with them to unlock such potential. Now, we merge four top-class
companies in traffic safety services with a strong local footprint, longstanding
customer relationships, unique differentiation and attractive growth prospects," said
Peder Prahl, Director of the General Partner for the Triton funds.
The merger will lead to additional diversification and further strengthen the platform to
drive international growth and consolidation.
“With the merger of AVS, Chevron, Fero and Ramudden, each market leaders within
their respective geographies and with a track-record of successful organic and
inorganic growth, Triton aims to create an international leader in critical infrastructure
safety services,” adds Nadia Meier-Kirner, Investment Advisory Professional and CoHead Business Services
The companies will be combined as one group to facilitate strategic alignment whilst
ensuring operational autonomy, service continuity and local entrepreneurship. The
group will have combined sales of > EUR 450m and create even more stability,
growth and digitalization opportunities. It will initially combine and leverage local
expertise through centers of excellence for Digital, ESG, M&A and provide other
support services to the benefit of all companies, management teams, employees and
Since its establishment in 1997, Triton has sponsored nine funds, focusing on
businesses in the industrial, business services, consumer and health sectors. The
Triton funds invest in and support the positive development of medium-sized
businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term.
Triton and its executives wish to be agents of positive change towards sustainable
operational improvements and growth.
The 45 companies currently in Triton's portfolio have combined sales of around €18,2
billion and around 100,800 employees.
For further information: www.triton-partners.com
About AVS Group GmbH
AVS Group GmbH, headquartered in Leverkusen, is a leading specialist provider of
traffic safety services in Germany, Belgium and Europe. This includes advice and the
necessary approval procedure for all temporary traffic safety installations, placement
and dismantling, marking and demarking work, maintenance and inspection tours.
AVS is represented at 29 locations in Germany; internationally at 3 locations in
Denmark and Latvia. AVS employs around 800 people.
For more information: www.avs-verkehrssicherung.de
Chevron TM is the leading independent traffic management provider operating
throughout England, Wales and Scotland. The company has been providing traffic
management solutions across the UK’s strategic road network since 1997. With
depots in 27 locations and over 1,300 employees, Chevron TM has the resources,
expertise and local knowledge required by clients, to provide physical and digital
traffic management services across five sectors, Highways, Rail, Utilities, Local
Authority and Events.
For further information: www.chevrontm.com
Fero Group was established in 2001 and grew into a household name in the
temporary traffic management world. The company is a full-service provider for its
customers, from tendering, planning, placing, maintenance to completion and
settlement and has seven locations and 300 employees. Fero provides services to
various customers in the government and construction sector. As a leading player in
temporary traffic management, Fero has built up a strong reputation for always
helping customers quickly and professionally.
For further information: https://www.feronv.be
Ramudden is a leading work zone safety services provider for critical infrastructure in
the Nordics. The company is a full-service provider for its more than 5,000 customers
by offering training and certifications, tendering support, planning, placing,
maintenance to completion and settlement, complemented by the provision of a
broad range of high-quality equipment solutions. Ramudden is represented at 63
locations in Sweden, Norway, Finland and Estonia, and employs more than 600
For further information: https://www.ramudden.se/