May 19, 2023
nVent Electric plc has recently announced that it has completed the previously announced acquisition of ECM Investors, LLC, the parent company of ECM Industries, LLC (“ECM”), for a purchase price of $1.1 billion, subject to customary adjustments.
ECM Industries is a provider of high-value electrical connectors, tools and test instruments and cable management.
Beth Wozniak, nVent Chair and CEO, said, “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.”
ECM is a North American provider of electrical connectivity products with industry-leading brands, including ILSCO, Gardner Bender and King Innovation. With headquarters in New Berlin, Wisconsin, ECM has approximately 1,400 employees.