New owner, new company name: the sale of Bosch Group’s security and communications technology product business to European investment firm Triton has been completed. With all necessary clearances secured, Keenfinity Group will operate as an independent company within the Triton portfolio.
“We are excited about our future as a standalone company and convinced that the partnership with Triton brings us the opportunity to realise our full potential,” says Peter Loeffler, CEO of Keenfinity. “Our renowned brands exemplify our dedication to quality, reliability, and innovation, laying a solid foundation for future growth. With a global presence, excellent products, and a dedicated team, we will continue to focus on customer expectations and evolving market requirements.”
The company’s offerings include intelligent video systems, access control and intrusion alarm technology, as well as communication systems from the Bosch, Electro-Voice, Dynacord, RTS, and Telex brands.
All products are developed and manufactured by Keenfinity. The four manufacturing facilities and adjacent distribution centres in Straubing, Germany; Ovar, Portugal; Hermosillo, Mexico; and Zhuhai, China provide global production flexibility across Europe, the Americas, and China.
“Keenfinity is at the core of our investment strategy to further develop market-leading companies. We see significant untapped potential and want to support by investing in the company’s brands, technology, sales force, and go-to-market strategies, providing our know-how from having owned and successfully developed other businesses in the security and broader building technologies space,” says Sachin Jivanji, investment advisory professional at Triton.
For more information go to www.keenfinity-group.com
© Technews Publishing (Pty) Ltd. | All Rights Reserved.