Kambourov & Partners, working with Latham & Watkins, has advised Triton Partners on local aspects of the carve-out and acquisition of Siemens Energy’s Trench high-voltage component business. Baker McKenzie advised Siemens Energy. White & Case advised a syndicate of banks and financial institutions on financing the acquisition.
Trench specializes in the manufacturing of high-voltage grid components including bushings, instrument transformers, and coil products, sold under the brands HSP and Trench. The Trench Group has locations across Europe including Germany, Austria, France, Bulgaria, and Italy, with an additional operational footprint in China and Canada. "The Trench Group is at the heart of Triton’s investment focus to acquire market-leading companies with high growth potential and a technological edge," Kambourov & Partners reported.
Founded in 1997 and owned by its partners, London-based Triton is a European mid-market sector-specialist investor focused on businesses that provide important goods and services in the Business Services, Industrial Tech, Healthcare, and Consumer sectors.
The Kambourov & Partners team was led by Partner Veronika Hadjieva and Senior Associate Todor Vlaykov.
Kambourov & Partners did not respond to our inquiry on the matter.
