Latham & Watkins advises Triton on Trench sale to GE Vernova
Latham & Watkins has advised Triton Partners (Triton) on the sale of Trench Group, a globally active technology provider for high-voltage grid components and systems, to energy company GE Vernova. The purchase price is equivalent to US$9 billion, and closing is subject to regulatory conditions.
Latham & Watkins previously advised Triton on its acquisition of Trench.
Latham & Watkins team
The corporate team was led by Munich partner Rainer Traugott (pictured), working with associates Jeremias Bura, Lara Stelmach, Jakob Baldes, Nils Horst and Thomas Sandt.
On antitrust matters, the firm fielded 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. They were supported by counsel Nils Bremer and Yanyan Yang, and by associates Konstantinos Beikos-Paschalis, Panos Kokkinidis, Eva Beyer Blumental, Jörn Christian Kramer, William Reed and Nathaniel Amann.
Tax advice came from Munich partner Stefan Süss and associate Johannes Lieb. Intellectual property matters were handled by Frankfurt partner Susan Kempe-Müller and associate Karolin Borcherding, while employment advice was provided by Munich partner Tobias Leder and associate Julian Traub.
Frankfurt partner Joachim Grittmann and associate Maxim Glusdak advised on regulatory matters. Banking and private credit advice came from Frankfurt partner Alexandra Hagelüken and associates Anna-Maria Kuckerz and Verena Birke. Counsel Sven Nickel and associate Sebastian von Hornung covered real estate, counsel Wolf-Tassilo Böhm covered data law, and counsel Stefan Bartz covered compliance.
