Water Solutions Firm Triton Completes EUR 10M Funding Round

Feb 18 2009 | 8:18am ET

German water solutions firm Triton Format AG has completed a EUR 10.4 million ($13 million) funding round.

The round was led by European cleantech investor Zouk Ventures and joined by U.S.-based Meidlinger Partners and senior management. The funding will finance Triton’s growth and the continuation of its successful buy-and-build strategy.

Triton designs, assembles and installs water-treatment modules for the maritime, industrial and small municipal sectors. Solutions range from low-energy desalination, to water management and wastewater systems. The firm has clients in Europe, the Middle East, the United States and China.

In related news, Triton announced the appointment of Dr. Hartmut Kacirek as CEO of the Triton subsidiary WAT GmbH.


In Depth

An Interview With Harvest Volatility Management's Rick Selvala

Mar 23 2017 | 5:39pm ET

Several years of extremely low interest rates have pushed some investors into equities...

Lifestyle

'Tis the Season: Wall Street Holiday Parties Back In Fashion

Dec 22 2016 | 9:23pm ET

Spending on Wall Street holiday parties has largely returned to pre-2008 levels...

Guest Contributor

SEI: Private Debt Coming Into Its Own

Mar 8 2017 | 9:24pm ET

The explosive growth of private debt over the past few years has caused the lines...