Platinum Equity has signed a definitive agreement to acquire a majority stake in Trime, an Italian manufacturer of mobile lighting towers, generators and security towers. Trime founder and chairman Andrea Fontanella, CEO Paolo Tacconi and other members of management will invest alongside Platinum.
Trime is headquartered in Cassinetta di Lugagnano, near Milan, and supplies equipment for infrastructure, construction, mining, emergency response and events. It runs four manufacturing facilities in Italy and serves customers in more than 30 countries. It has direct commercial operations in the UK, the Netherlands, the US and Australia. Its products include conventional, hybrid, battery-powered and solar-powered units.
The growth plan includes investment in production capacity, US sales coverage, warehousing, spare-parts availability and customer support, alongside product innovation and selective acquisitions. The deal is expected to complete by early 2027, subject to customary closing conditions and regulatory approvals.
Source: PE Hub · Summarized by HeadlinesBriefing