# Tokai Carbon to acquire COBEX from Triton for EUR 825 million

Funds advised by Triton have signed an agreement to sell COBEX, a manufacturer of carbon and graphite products for the aluminum and iron industries, to Tokai Carbon Co., Ltd. for an enterprise value of EUR 825 million.

- Type: Acquisition
- Announced: 2019-06-17
- Where: Frankfurt / Wiesbaden (Germany), Germany
- Value: $930.0M (825.0M EUR)
- Status: announced
- Products: carbon and graphite products, cathodes, furnace linings
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Triton Partners](https://endata.com/companies/2949.md) (partner)
- [Tokai Carbon Co. Ltd.](https://endata.com/companies/32879.md) (acquirer)
- [COBEX](https://endata.com/companies/40027.md) (target)

## Sources

- [triton-partners.com](https://www.triton-partners.com/news/triton-sells-cobex-to-tokai-carbon), 2019-06-17: "Funds advised by Triton (“Triton”) have signed an agreement to sell COBEX, a leading manufacturer and supplier of carbon and graphite products used in the aluminum, primary iron and other smelting industries, to Tokai Carbon Co., Ltd. (“Tokai Carbon”), a pioneer in the Japanese carbon products indus"

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.