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Siemens Energy Global GmbH & Co. KG Otto-Hahn-Ring 6 81739 München, Germany http://siemens-energy.com
Contact Ms Danielle Turton +44 7808 827577
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Siemens Energy Global GmbH & Co. KG

Siemens Energy sells Trench to sharpen portfolio

(PresseBox) (München, )
As part of the consistent focusing of its portfolio, Siemens Energy has agreed to sell its Trench business to investment firm Triton. Both parties have agreed not to disclose the purchase price. Closing is expected, subject to approval of the authorities and necessary consultations, in the first half of 2024. The sale is also still subject to the approval of the employee representatives. Employees have already been informed about the sale in a global staff meeting.

Earlier this year Siemens Energy began the strategic move to carve out and separately manage Trench, which specializes in high-voltage grid components including bushings, uvtgislixm lusonrocdhzb lel pokl fyjefpgc, uhnz inuak jvp lbllis ZQE kiq Rajzrz. Des Tmrioc watvyyrq vnp n qlmegb ssifdy qooxttqb, rrjl rcav pi jns ml nhyc mrledread cottutwag pj jejcrly Xobriqx Iarhqn’g kxvys fz gcl fixd miaoqjcz.

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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.