Extract from M&A Insights

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Triton backed WernerCo acquires Zarges
January 18, 2018

WernerCo has acquired German aluminium scaffold tower manufacturer Zarges from owners Granville Baird Capital along with VR Equitypartner and the management team. The two parties have agreed not to disclose any details of the transaction. Zarges is based in Weilheim, Germany and employs 800 at three production sites in Europe, selling into various markets including Germany, France, Sweden, the UK, Denmark, Norway, and the Netherlands. Annual revenues are said to be EUR 132 million. It was owned for many years by aluminium manufacturer VAR, with Hamburg based Granville Baird Capital acquiring it in 2006 for EUR 156 million from private equity fund Taros Capital.

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