• Comment: History section is unsourced and the list of acquisitions confers zero notability. Theroadislong (talk) 15:43, 20 November 2023 (UTC)
  • Comment: Just primary sourced blatant advertising. Zero chance of acceptance. Theroadislong (talk) 09:23, 9 November 2023 (UTC)

Emi Ciprian (talk) 09:10, 9 November 2023 (UTC)

nVent Electric PLC.
Company typePublic
IndustryElectrical equipment
Founded2018; 6 years ago (2018)
Headquarters
Area served
Worldwide
Key people
  • Beth Wozniak (CEO)
RevenueIncrease US$$2.9 billion (2022)
Number of employees
10,000
Websitenvent.com
Footnotes / references
[1] [2]


nVent Electric PLC., n·Vent [in'vent], is a global electrical company incorporated in Ireland with tax residency in the United Kingdom. nVent’s principal office is in London, United Kingdom, and its management office in the United States in Minneapolis, Minnesota. nVent became an independent publicly traded company in 2018, after Pentair plc completed the separation of its Water and Electrical businesses.

nVent’s fiscal year 2022 net sales were $2.9B with more than 10,000 employees around the globe.
The company is comprised of three reporting segments: Enclosures, Electrical & Fastening Solutions, and Thermal Management.

nVent product brands include nVent ILSCO, ERICO, PYROTENAX, HOFFMAN, CADDY, RAYCHEM, GARDNER BENDER, LENTON, NUHEAT, LENTON, SCHROFF and TRACER.

Acquisitions edit

2019 - Eldon Holding AB - Manufacturer of metal enclosures for industrial, electronic and data and telecommunication equipment[3][4][5]

2020 - WBT LLC - Manufacturer of cable trays and baskets[6][7][8]

2021 - Vynckier Enclosure Systems, Inc. - Producer of non-metallic enclosures[9][10]

2021 - CIS Global LLC - Manufacturer of mechanical assemblies, distributor of industrial products[11][12]

2023 - ECM Industries, LLC - Provider of electrical connecters, tools and test instruments, and cable management[13][14][15]

2023 - TEXA Industries S.R.L. -Provider of industrial cooling applications[16]

References edit

  1. ^ "nVent Announces Fourth Quarter and Full-Year 2022 Financial Results" (PDF). nvent.com. nVent Electric plc. Retrieved February 7, 2023.
  2. ^ "2022 Environmental,Social and Governance Report". nvent.com. nVent Electric plc.
  3. ^ "nVent Electric completes its purchase of Eldon Holding AB". startribune.com. Star Tribune. Retrieved September 3, 2019.
  4. ^ "Pentair spinoff nVent to buy Spanish enclosures firm for $130M". startribune.com. Star Tribune. Retrieved July 29, 2019.
  5. ^ "nVent, formerly part of Pentair, will buy Spain's Eldon for $130 million". bizjournals.com. The Business Journals. Retrieved July 30, 2019.
  6. ^ "nVent Acquires Assets of WBT". tedmag.com. teD magazine. Retrieved February 11, 2020.
  7. ^ "Pentair spinoff nVent makes second acquisition". startribune.com. StarTribune. Retrieved February 10, 2020.
  8. ^ "Another M&A deal for Pentair spinoff NVent". bizjournals.com. The Business Journals. Retrieved February 10, 2020.
  9. ^ "nVent Acquires Vynckier Enclosures, Strengthening Its Position in Protecting Electrical Infrastructure". investors.nvent.com. nVent Investors Site. Retrieved April 1, 2021.
  10. ^ "nVent back on track after pandemic dip". startribune.com. StarTribune. Retrieved February 8, 2022.
  11. ^ "NVent Electric plc completed the acquisition of Central Industrial Supply Company Inc. from Guardian Capital Partners for approximately $200 million". marketscreener.com. MarketScreener. Retrieved June 29, 2021.
  12. ^ "Pentair spinoff nVent buys Tuscon manufacturer for $200M". bizjournals.com. The Business Journals. Retrieved June 9, 2021.
  13. ^ "Sentinel Capital Partners has sold ECM Industries to nVent Electric". lincolninternational.com. LINCOLN INTERNATIONAL. Retrieved August 1, 2023.
  14. ^ "nVent Electric acquiring Wisconsin company for $1.1 billion". startribune.com. StarTribune. Retrieved April 3, 2023.
  15. ^ "nVent to buy parent of Wisconsin electrical-equipment manufacturer ECM Industries for $1.1 billion". bizjournals.com. The Business Journals. Retrieved April 3, 2023.
  16. ^ "nVent Acquires TEXA Industries". tedmag.com. teD magazine. Retrieved July 11, 2023.