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New Deal


Announced

nVent to acquire WBT.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Single Bidder

cable tray

Private

Acquisition

Pending

United States

Diversified Industrials

Friendly

Synopsis

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nVent, a global provider of electrical connection and protection solutions, agreed to acquire WBT, a US-based manufacturer of cable tray. Financial terms were not disclosed. "WBT’s unique and labor-saving cable tray product line is the perfect complement to our nVent CADDY j-hooks and fasteners, allowing us to offer customers a one-stop solution for cable management and pathways for DNS as well as commercial and industrial applications," Robert van der Kolk, nVent President of EFS business.

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