Skadden and Latham & Watkins advise on GE Vernova’s US$9 billion acquisition of Trench Group.
GE Vernova Inc., a global energy company headquartered in Cambridge, Massachusetts, agreed to acquire Trench Group, a global technology provider of high-voltage grid components and systems, from private equity firm Triton Partners for a US$9 billion equivalent purchase price.
Headquartered in Germany, Trench Group has more than 3,000 employees and 11 manufacturing sites across Europe, North America and Asia. The acquisition is expected to close in late 2027, subject to customary regulatory approvals and consultation with employee representatives where legally required.
Skadden is advising GE Vernova Inc. On its agreement to acquire Trench Group from Triton Partners.
The team includes Jeffrey Brill, Jan Bauer, Holger Hofmeister, David Wales and Ingrid Vandenborre.
Latham & Watkins LLP advised Triton Partners (Triton) on the sale of Trench Group to GE Vernova.
The team was led by Munich Corporate Partner Rainer Traugott, with Associates Jeremias Bura, Lara Stelmach, Jakob Baldes, Nils Horst and Thomas Sandt.
Advice was also provided on antitrust matters by Frankfurt Partner Max Hauser, Brussels Partners Philipp Studt and Carles Esteva Mosso, Washington, D.C. Partners Jason Cruise and Lindsey Champlin, and New York Partner Kyra Bromley, with Counsels Nils Bremer and Yanyan Yang, and Associates Konstantinos Beikos-Paschalis, Panos Kokkinidis, Eva Beyer Blumental, Jörn Christian Kramer, William Reed and Nathaniel Amann; on tax matters by Munich Partner Stefan Süss, with Associate Johannes Lieb; on IP matters by Frankfurt Partner Susan Kempe-Müller, with Associate Karolin Borcherding; on employment matters by Munich Partner Tobias Leder, with Associate Julian Traub; on regulatory matters by Frankfurt Partner Joachim Grittmann, with Associate Maxim Glusdak; on banking and private credit matters by Frankfurt Partner Alexandra Hagelüken, with Associates Anna-Maria Kuckerz and Verena Birke; on real estate matters by Counsel Sven Nickel and Associate Sebastian von Hornung; on data law matters by Counsel Wolf-Tassilo Böhm; and on compliance matters by Counsel Stefan Bartz.
