Triton buys German engineer

German private equity firm Triton has snapped up engineering firm Dywidag Systems International (DSI) for around €370m (£327m). Dywidag, which worked on Wembley Stadium, has been owned by lenders Barclays and Bank of America Merrill Lynch since a debt for equity swap last year. Triton and Dywidag signed a sale and purchase agreement at the start of the month, and expect the transaction to complete by the end of May. DSI is based in Munich and specialises in strengthening bridges and underground tunnels.