Arvos Group, the former Alstom Auxiliary Components business, has become a standalone corporation with Triton as its new Shareholder.
Arvos Group is a leading global manufacturer of regenerative heat exchangers, for thermal power generation facilities, process critical applications in the chemical and petrochemical industry, and grinding mills. Arvos Group employs more than 1700 employees worldwide and generated revenues in excess of more than 400 million€ during the last fiscal year. Over the course of the transition, the company’s headquarters will be relocated from Mannheim, Germany to Heidelberg, Germany.
“As a standalone company, we are able to focus more effectively on strengthening our global market-and technology leadership position in order to enhance thermal power plants through sustainable energy efficiency and the chemical industry through innovation,” said Arvos Group CEO, Thorsten Holl.
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