Electrical connection company completes separation
nVent Electric plc (NYSE: NVT) (“nVent”), an electrical connection and protection solution company, announced the completion of its separation from Pentair plc (“Pentair”) and its launch as an independent, publicly-traded company. nVent has a portfolio of electrical enclosures, electric heat tracing solutions, complete heat management systems, and electrical and fastening solutions designed to connect and protect critical systems. The distribution of nVent ordinary shares occurred effective at 4:59 p.m. EDT on April 30, 2018. nVent customers include commercial builders, energy companies, data centers and industrial manufacturers. The company’s business – divided into three segments – centers on six brands.
nVent Electric plc
– Edited from an nVent press release by CFE Media. See more Control Engineering energy and power stories.