The company, which supplies material handling for warehouses, has seen interest from Asia and other international investors according to a report by Reuters.
It said JP Morgan and Morgan Stanley are currently putting together loan packages for potential buyers amounting to about €500m, or five times EBITDA.
Barclay is running the auction for the German company, which is valued at about €1bn.
Triton bought Dematic from Siemens six years ago.
The firm is also hoping to exit chemicals company Ruetgers for up to €700m after putting it up for sale earlier this year.
Pamplona Capital Management, the private equity firm backed by Russian billionaire Mikhail Fridman’s Alfa Group, is reported to be in advanced talks to buy the company.
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