Triton to acquire Trench from Siemens Energy.

Triton, a European mid-market sector-specialist investor, agreed to acquire Trench, a renowned and prominent player in the field of power engineering and the design of specialized high-voltage electrical products, from Siemens Energy, an energy company. Financial terms were not disclosed. “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. 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, Triton Investment Advisory Professional.