EQS-News: Triton to acquire Siemens Energy Trench Business
Frankfurt (Germany), 12 October 2023 - Triton Fund V advised by Triton (“Triton”) has today announced it has agreed on terms to acquire Siemens Energy’s Trench business (“Trench”).
- Frankfurt (Germany), 12 October 2023 - Triton Fund V advised by Triton (“Triton”) has today announced it has agreed on terms to acquire Siemens Energy’s Trench business (“Trench”).
- Trench specializes in the manufacturing of high-voltage grid components including bushings, instrument transformers and coil products, sold under the brands HSP and Trench.
- Trench is ideally positioned to enable and benefit from the Energy Transition which constitutes a key investment theme for Triton.
- Additionally, Triton has successfully executed numerous corporate carve-outs from blue chip cooperations such as Bosch, SGL Carbon, Siemens, SKF, Voith and Volkswagen, among others.