GE Vernova Agrees to Buy Trench Group for $9 Billion

GE Vernova said on October 28, 2026 it has agreed to buy Trench Group from Triton Partners. Trench makes high-voltage gear that moves electricity across power grids. Reuters reported the price at $9 billion. The company did not say how profitable Trench is, how many orders it has waiting, what must happen first, or when the deal will finish.