Polaris acquires Triax
Polaris has signed an agreement to acquire Triax, an international market leader of innovative, high-tech solutions for reception and distribution of TV, radio and internet.
TRIAX’ products and solutions are used by broadcasters, cable operators, local networks and private households. Following Nielsen & Nielsen Holding’s 28 years of successful ownership, TRIAX is now ready for further product and market development. Through its newly established fund, Polaris IV, Polaris has signed a definitive agreement, subject to customary regulatory requirements and approvals, to acquire all outstanding shares of TRIAX A/S from Nielsen & Nielsen Holding A/S.
With more than 60 years of experience within the industry, TRIAX is widely associated with high-quality products, durability and a high level of customer service. TRIAX has its headquarters in Denmark, as well as 8 European subsidiaries, ensuring a strong foothold in Europe. With strong partnerships throughout major regions of the world, TRIAX has also established a global reach.
TRIAX posted 2014/2015 revenue of DKK 608 million, EBITDA of DKK 52 million and has 310 employees.
Please find the press release here:
For more information please contact:
Niels Worning, Partner
Mobile: +45 23 44 45 76