![]() ![]() We look forward to supporting the management and employees on their journey to grow the business and to expand its market leadership in close collaboration with Siemens Energy through a long-term supply agreement." Steffen Reimund, Investment Advisory Professional at Triton says: “We are impressed by Trench’s differentiated competitive positioning in the T&D component market, underscored by its deep technical know-how, a best-in-class product portfolio, its leading market positioning across all three segments and the long-standing and diversified relationship with blue chip customers. ![]() ![]() Trench is ideally positioned to enable and benefit from the Energy Transition which constitutes a key investment theme for Triton. The business is a global leader in its markets, with 2.400 employees and nine factory locations across Europe, North America, and China, including Germany, Austria, France, Italy, Canada, and Bulgaria. Trench specializes in the manufacturing of high-voltage grid components including bushings, instrument transformers and coil products, sold under the brands HSP and Trench. Closing of the transaction, which is subject to regulatory approvals, Trench’s necessary consultations and other customary closing conditions, is expected during the first half of 2024. Terms and conditions of the transaction are not disclosed. 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”). ![]()
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