GE Vernova Agrees to Buy Grid Equipment Maker Trench Group in $9 Billion Deal

GE Vernova announced on October 28, 2026 that it has signed an agreement to acquire Trench Group, a high-voltage grid equipment maker, from Triton Partners. Reuters reported the deal's value at $9 billion. The announcement does not quantify Trench's margins or backlog, and closing conditions and timetable have not been disclosed.