Announced
Completed
Financials
Tags
Acquisition
Majority
Private
Friendly
Electronic Equipment: Other
electrical components
electrical appliances
United States
Cross Border
Single Bidder
Completed
Private Equity
Synopsis
nVent, a provider of electrical connection and protection solutions, completed the acquisition of ECM Industries, a global manufacturer and supplier of electrical products for construction and maintenance, irrigation and landscape supply, from Sentinel Capital Partners, a private equity firm, for $1.1bn. “I am excited to welcome the ECM team to nVent. ECM’s complementary electrical power connection and grounding solutions portfolio further positions nVent with the electrification of everything. The addition of ECM is exciting, and we are confident it will deliver significant value for our customers, employees and shareholders,” Beth Wozniak, nVent Chairperson and CEO.
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