German private equity firm Triton has acquired SGL Group’s cathodes, furnace linings and carbon electrodes businesses (SGL CFL CE) in a €250m deal.

Headquartered in Wiesbaden, Germany, SGL CFL CE employs 620 people and operates two production plants in Poland.

Meanwhile, SGL Group also has its head office in Wiesbaden, Germany, and operates 33 production plants in Europe, North America and Asia.

In 2016, SGL Group generated €769.8m in revenues.

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