Triton completes acquisition of Trench

Frankfurt (Germany), 2 April 2024 - Triton Fund V advised by Triton (“Triton”) has successfully completed the acquisition of Siemens Energy’s Trench business.

Trench specializes in the manufacturing of high-voltage grid components including bushings, instrument transformers and coil products, sold under the brands Trench and HSP. The business is a global leader in its markets, with 2.400 employees and nine factory locations across the globe: including Austria, Bulgaria, Canada, China, France, Germany, Italy. Trench is ideally positioned to enable and benefit from the Energy Transition which constitutes a key investment theme for Triton.

Trench is at the heart of Triton’s investment focus to acquire market leading companies with high growth potential and a technological edge. Triton has a strong understanding and expertise of high voltage electrical equipment businesses based on previous experience in the sector and its investments in companies such as EQOS and Sediver. 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.