GE Vernova agrees to acquire Trench Group for $9 billion

GE Vernova has announced an agreement to acquire Trench Group from Triton Partners for $9.0 billion equivalent at closing.

• The transaction will expand GE Vernova’s Electrification businesses, especially Grid Systems Integration and Power Transmission, and is expected to close in late 2027 subject to regulatory approvals and required employee consultations.
• Trench serves more than 800 utilities and hyperscalers, operates 11 sites across Europe, North America, and Asia, and the Charlotte, North Carolina facility is expected to start producing 765 kV equipment in late 2027.