nVent Completes Acquisition of the Electrical Products Group Business of Avail Infrastructure Solutions
LONDON, May 01, 2025--nVent Electric plc (NYSE: NVT) ("nVent"), a global leader in electrical connection and protection solutions, today announced that it has completed the previously announced acquisition of the enclosures, switchgear and bus systems businesses of Avail Infrastructure Solutions ("Electrical Products Group") for a purchase price of $975 million, funded by cash on hand, subject to customary adjustments. The Electrical Products Group is a leading provider of infrastructure solutio