PRESS RELEASES
nVent Announces Agreement to Sell Thermal Management Business
August 1, 2024
LONDON - 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 sell its Thermal Management business. The sale is an important step to nVent becoming a higher growth and more focused electrical connection and protection leader, well positioned with the megatrends of electrification, sustainability and digitalization.
nVent Completes Acquisition of Trachte
July 16, 2024
LONDON – 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 parent of Trachte, LLC for a purchase price of $695 million, subject to customary adjustments.
nVent to Acquire Trachte
June 6, 2024
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 parent of Trachte, LLC for a purchase price of $695 million, subject to customary adjustments. Trachte is a leading manufacturer of custom-engineered control building solutions designed to protect critical infrastructure assets.
Around nVent
Connecting Cultures’ ERG Celebration Month Promotes Inclusion and Diversity
August was our Connecting Cultures’ Employee Resource Group (ERG) celebration month. The group celebrated five years as an ERG. At nVent, celebration months are an opportunity to honor and bring awareness to the initiatives of our ERGs.
Encore ERG Educates on Ageism in the Workplace
July was our Encore Employee Resource Group’s (ERG) celebration month. Throughout July, Encore held several activities for nVent employees to get involved and provided educational opportunities about ageism. At nVent, celebration months are an opportunity to honor and bring awareness to the initiatives of our ERGs.
OUR SOLUTIONS
In the Age of Data Centers, Our Connected Future Still Needs Edge Computing
With the rise of artificial intelligence (AI) and machine learning (ML), the expansion of data centers, both in physical footprint and in capacity, has been a hot topic. Equipping data centers to meet the cooling and power requirements of next-generation IT technologies is one of the key technological challenges of our time.
How Will Global Infrastructure Investment Support Renewables Growth?
Along with the growth of renewable energy, global infrastructure investment continues to grow. According to the International Energy Agency (IEA), as of 2024, the world invests almost twice as much in clean energy as it does in fossil fuels.
RESOURCES
Media Inquiries
Contact our External Communications Team for any media inquiries.
Stacey Wempen
Director of External Communications
Phone: +1 763-204-7857