Platinum Equity agreed on 19 October 2026 to acquire a majority stake in Trime, a Milan-area maker of mobile lighting towers, generators and security towers. Terms were not disclosed.
Why Platinum Equity is buying Trime S.p.A.
Platinum described Trime as a resilient, cash-generative business. It plans to invest in production capacity, US sales coverage, warehousing, spare parts and customer support, and to pursue selective acquisitions.
Deal terms and financing
Founder and chairman Andrea Fontanella, chief executive Paolo Tacconi and other managers will invest alongside Platinum. Intesa Sanpaolo, UniCredit, BPER Banca, Crédit Agricole, BNL BNP Paribas and Deutsche Bank are providing the debt financing.
Regulatory approvals and timing
The deal is subject to customary closing conditions and regulatory approvals and is expected to close in early 2027.
Market context
Trime makes conventional, hybrid, battery and solar-powered equipment for infrastructure, construction, mining, emergency response and events. It has direct operations in the UK, the Netherlands, the US and Australia. 21 Invest bought a majority stake in Trime from Wise Equity in 2022.
