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Tuesday, 24 January 2017
Last updated 48 min ago
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.