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0 0 0 0 0.0203320276067898 0.0201454952434247 0.0132437977989181 -0.00354411490393579
Stock impact report

nVent to Acquire the Electrical Products Group Business of Avail Infrastructure Solutions

nVent Electric plc Ordinary Shares (NVT) 
Last nvent electric plc ordinary shares earnings: 4/29 06:45 am Check Earnings Report
Company Research Source: Business Wire
Leading provider of custom-engineered control building solutions, switchgear and bus systems that help ensure safe and reliable electrical operationsFurther strengthens nVent’s position in high-growth infrastructure verticals, including power utilities and data centersBuilds on nVent’s control buildings platformExpands nVent’s offering and capabilities in new applications LONDON--(BUSINESS WIRE)--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it has entered into a definitive agreement to acquire the enclosures, switchgear and bus systems businesses of Avail Infrastructure Solutions (the “Electrical Products Group”) for a purchase price of $975 million, subject to customary adjustments. The Electrical Products Group is a leading provider of infrastructure solutions, designed to help ensure safe and reliable electrical operations primarily in the infrastructure vertical, including power utilities and d Show less Read more
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