GE Vernova (NYSE: GEV) agreed to buy Berlin-based high-voltage grid component maker Trench Group from Triton Partners for $9.0 billion, vertically integrating a bushing, instrument transformer and coil supplier. Close is expected in late 2027.
Nexans to Acquire Republic Wire for €680 Million
Nexans agrees to acquire Ohio-based Republic Wire at an enterprise value of about €680 million plus a €43 million earn-out, building a low-voltage manufacturing platform in the United States.
Prysmian Acquires Submarine Cable Specialist ACSM for €169M
Deal Announcement Published: January 23, 2026 | Category: Grid - Engineering Services Contents Key Points Deal Overview Transaction Terms Strategic Rationale About ACSM References Prysmian to Acquire Submarine Cable Survey & Installation Leader ACSM for €169...
GE Vernova Acquires Remaining 50% of Prolec GE for $5.275B
DEAL ANNOUNCEMENT Published: October 21, 2025 | Category: Grid - Electrical Equipment Contents Key Points Deal Overview Transaction Terms Strategic Rationale Prolec GE Profile About the Companies References GE Vernova to Acquire Remaining 50% of Prolec GE Joint...
NKT Acquires Portuguese Power Cable Company SolidAl for €192m
NKT has acquired SolidAl, a leading Portuguese manufacturer of power cables, for a total enterprise value of €192m (9.4x 2023 EV/EBITDA).