# Siemens Energy sells Trench unit to Triton

Siemens Energy agreed to sell its high-voltage components unit Trench to private equity firm Triton. The deal is expected to close in the first half of 2024; the price was not disclosed.

- Type: Acquisition
- Announced: 2023-10-12
- Status: announced
- Products: high-voltage components
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Siemens Energy](https://endata.com/companies/6803.md)
- [Triton](https://endata.com/companies/1769.md) (acquirer)

## Sources

- [news.bloomberglaw.com](https://news.bloomberglaw.com/mergers-and-acquisitions/siemens-energy-sells-electrical-component-unit-trench-to-triton), 2023-10-12: "The companies, which announced the agreement Thursday, didn’t disclose the price for Trench, which was acquired by Siemens in 2004 for €285 million ($315 million)."
- [reuters.com](https://www.reuters.com/markets/deals/triton-complete-acquisition-siemens-energys-trench-h1-2024-2023-10-12/), 2023-10-12: "Private equity firm Triton said on Thursday that it was acquiring Siemens Energy's high-voltage component business Trench in a deal that is expected to close in the first half of 2024."

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