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NEWS ARTICLE

nVent to Acquire Trachte

nVent 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.

nVent Chair and CEO Beth Wozniak said, “Trachte will expand our enclosures portfolio in new applications and enhance our system protection capability. It further strengthens our solutions in high-growth verticals, including power utilities, data centers and renewables. With the macro trends of modernizing and upgrading electrical infrastructure as well as the expansion of data centers, Trachte provides us with a platform to accelerate our growth and provide broader solutions for customers. We look forward to welcoming the Trachte team to nVent, and together helping to build a more sustainable and electrified world.”

 

Read the full release here →

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About nVent

We connect and protect with inventive electrical solutions. We design, manufacture, market, install and service high-performance products and solutions that help build a more sustainable and electrified world.  

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ESG has been a critical part of who we are and how we have operated since the beginning of our company. At nVent, we focus our ESG efforts in three areas: People, Products and Planet.

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We empower employees to be bold, creative thinkers, which drives engagement and high performance. Our culture has earned a number of awards.