# Siemens Energy explores sale of Trench Electric

Siemens Energy is exploring a sale of its high-voltage components unit Trench Electric, with Deutsche Bank advising. Non-binding bids are due in the coming weeks.

- Type: Acquisition
- Announced: 2023-05-03
- Where: Germany
- Status: rumored
- Products: bushings, instrument transformers, coil products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens Energy](https://endata.com/companies/6803.md)
- [Trench Electric](https://endata.com/companies/70087.md) (target)

## Sources

- [news.bloomberglaw.com](https://news.bloomberglaw.com/mergers-and-acquisitions/siemens-energy-said-to-weigh-sale-of-electrical-components-maker), 2023-05-03: "Siemens Energy AG is exploring a sale of a high-voltage components unit as the German gas turbine and grid technology maker focuses on core businesses."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.