The private equity firm Warburg Pincus and Vestar Capital Partners signed an agreement to acquire joint control of Triton Container International Ltd., an American company to hire container belonging to the Pritzker family. It was not made known the value of the transaction. The two private equity firms have indicated that the current management of the Triton will continue to lead the company and "would have a significant shareholding in the company" and that "even the interests of the Pritzker family will retain a stake in Triton."
Triton was founded in 1980 and has a network of over 200 stores worldwide. The company currently operates in 42 countries through 17 offices and is present in Italy with the subsidiary Triton Italy Srl, based in Genoa.
"In 1980, after the founding of the Triton in collaboration with the Pritzker family interests - said the co-founder and president of Triton, Ed Schneider - with the help of Tom Pritzker we have created the largest global fleet of container properties available for rental cultivating strong relationships with major shipping companies in the world. Over the past 30 years, the line indicated by driving and Tom have been invaluable to our success. Now we are extremely pleased to partner with Warburg Pincus and Vestar Capital Partners and look forward to continuing the success of Triton under our joint ownership. Our experience and our financial strength has put us in a position to continue to offer our customers useful services and availability of container. "
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