News for Panel Builders

nVent Electric plc has recently announced appointments to its executive leadership team to support the company’s portfolio transformation and to create greater focus on regional growth. Having recently completed pivotal steps in its portfolio transformation, including the sale of its Thermal Management business and latest acquisition of Trachte, and recently announced agreement to acquire the Electrical Products Group business of Avail, nVent is announcing key executive leadership appointments.

nVent Electric plc has recently announced that it has entered into a definitive agreement to acquire the enclosures, switchgear and bus systems businesses of Avail Infrastructure Solutions for a purchase price of $975 million, subject to customary adjustments. The Electrical Products Group is a provider of infrastructure solutions, designed to help ensure safe and reliable electrical operations primarily in the infrastructure vertical, including power utilities and data centers.