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

GE Vernova announced on October 28, 2026 an agreement to acquire Trench Group, a high-voltage grid equipment maker (gear that moves power across transmission networks), from Triton Partners. Reuters reported the deal's value at $9 billion. It does not quantify margins (profit as a share of sales) or backlog (unfilled orders), and gives no closing conditions or timetable.