FSN Capital III has signed an agreement to acquire Troax Group AB from Accent Equity. Troax produces machine safety solutions for automated and robotized processes as well as solutions for the warehousing and logistics sector including partition wall and collapse protection systems.
“Troax is a market leader in its niche, with flexible, high quality solutions and very satisfied customers. We see an exciting opportunity to work together with management to further internationalize and grow its operations,” says Partner Peter Möller from FSN Capital.
Troax’s CEO, Thomas Widstrand, comments on the proposed acquisition by FSN Capital:
“We look forward to working with FSN Capital and leveraging their experience in taking Nordic companies outside their borders. Troax is already an international company, but further internationalisation requires a different skill set, and here FSN Capital has a strong track record,” he says.
Troax is today present in 26 countries around the globe, with 6 distribution hubs enabling rapid delivery to the customer. To read more about Troax, please visit troax.com