Welcome to our dedicated page for Nvent Electric news (Ticker: NVT), a resource for investors and traders seeking the latest updates and insights on Nvent Electric stock.
nVent Electric (NVT) provides essential electrical connection and protection solutions for industrial, commercial, and infrastructure markets worldwide. This news hub offers investors and industry professionals timely updates about strategic developments shaping the company’s leadership in secure electrical systems.
Access curated press releases and analysis covering quarterly earnings, acquisition announcements like the Trachte integration, and product innovations in enclosures and fastening solutions. Our repository helps stakeholders track operational milestones and market positioning through verified updates from primary sources.
Discover updates on nVent’s data-driven strategies for critical infrastructure projects, safety certifications, and global expansion efforts. All content is maintained to meet rigorous journalistic standards, ensuring relevance for both technical experts and general investors.
Bookmark this page for streamlined access to NVT’s evolving story in electrical solutions. Check regularly for insights into how the company addresses emerging challenges in energy efficiency and industrial automation through engineering excellence.
nVent Electric (NYSE: NVT), a global leader in electrical connection and protection solutions, has announced it will release its first quarter 2025 financial results on Friday, May 2, 2025. The financial results will be available on the company's investor website, followed by a conference call with analysts and investors at 9:00 a.m. ET.
The earnings conference call can be accessed via webcast through the investor relations website or by phone. A replay of the call will remain accessible through May 16, 2025, using specific dial-in numbers and access code 1400461.
nVent Electric (NYSE:NVT) has released its 2024 Sustainability Report, showcasing significant progress in its sustainability initiatives across People, Products, Planet and Governance sectors. The company has achieved notable milestones, including a 47% reduction in normalized CO2e emissions compared to 2019 baseline levels.
Key achievements highlighted in the report include reaching 85% of products in its New Product Introduction funnel with positive sustainability impact, receiving recognition as one of the World's Most Ethical Companies® for the second consecutive year, and achieving above-benchmark employee satisfaction scores in 2024 Pulse Surveys.
Under CEO Beth Wozniak's leadership, nVent is positioning itself as a focused electrical company dedicated to addressing global electrical industry challenges through electrification, digitalization, and sustainability solutions.
nVent Electric plc (NYSE:NVT) has been named one of the World's Most Ethical Companies® by Ethisphere for the second consecutive year. This recognition highlights nVent's commitment to business integrity through its ethics, compliance, and governance practices.
The company's Win Right values, particularly Absolute Integrity, guide its operations and are reflected in their Code of Business Conduct and Ethics, which directs employee interactions with stakeholders. With a global workforce of over 10,000 employees, nVent was selected following Ethisphere's rigorous ethics evaluation framework.
nVent Chair and CEO Beth Wozniak emphasized that ethical choices build trust and transparency, strengthening their mission to help transform the world for an electrified future.
Avail Infrastructure Solutions has announced the sale of its Electrical Products Group (EPG) to nVent Electric plc (NYSE: NVT) for an Enterprise Value of $975 million. The transaction, expected to close in H1 2025, has already received HSR approval.
The strategic combination aims to strengthen EPG's position in electrical products, particularly in datacenter and utilities markets. The deal will affect approximately 1,100 EPG employees. EPG's transformation since its 2022 acquisition as part of Avail demonstrates the successful partnership between Fernweh Group and AZZ.
Greenhill, a Mizuho affiliate, served as the sole financial adviser, with Cleary Gottlieb Steen & Hamilton LLP providing legal counsel for the transaction.
nVent Electric (NYSE:NVT) announced key executive leadership appointments to support its portfolio transformation and regional growth strategy. Sara Zawoyski has been appointed President of Systems Protection, effective March 31, 2025, while continuing her role as Interim President since June 2024.
Gary Corona will join as Executive Vice President and CFO on March 31, 2025, bringing experience from Medtronic and General Mills. In a newly created role, Robert van der Kolk will become President of EMEA and APAC from March 17, 2025. Brian Coleman, formerly from 3M, will take over as President of Electrical Connections on March 17, 2025.
These appointments follow nVent's recent sale of its Thermal Management business, acquisition of Trachte, and announced agreement to acquire the Electrical Products Group business of Avail, marking significant steps in becoming a more focused, high-growth global electrical company.
AZZ Inc. (NYSE: AZZ) announced that AVAIL Infrastructure Solutions has agreed to sell its Electrical Products Group to nVent Electric plc for $975 million. The transaction, expected to close in first half of 2025, represents an enterprise value multiple of approximately 12.5x trailing twelve-month EBITDA.
AZZ, which holds a 40% non-controlling interest in AVAIL, will maintain its ownership stake in AVAIL's remaining Industrial Lighting and Welding Solutions Businesses, representing about 30% of pre-transaction group revenue. The company plans to use proceeds to reduce debt or fund potential M&A activity.
The divestiture aligns with AZZ's strategy to become a focused provider of metal coating solutions. The company maintains its fiscal year 2026 earnings guidance, expecting interest savings to offset the reduction in joint venture equity income.
nVent Electric plc (NYSE: NVT) has announced a definitive agreement to acquire the Electrical Products Group of Avail Infrastructure Solutions for $975 million. The acquisition target is a leading North American provider of control buildings, switchgear, and bus systems with approximately 1,100 employees and nine U.S. manufacturing locations.
The Electrical Products Group estimates revenues of $375 million for the 12 months ending February 28, 2025, and maintains a strong backlog. The transaction, expected to close in first half 2025, will be integrated into nVent's Systems Protection segment. The effective enterprise value multiple is approximately 12.5x anticipated trailing twelve-month EBITDA.
This strategic acquisition strengthens nVent's position in high-growth infrastructure verticals, particularly in power utilities and data centers, building upon their previous Trachte acquisition. nVent expects the deal to be accretive to adjusted earnings per share in the first year post-completion.
nVent Electric (NYSE: NVT) has declared its regular quarterly cash dividend of $0.20 per ordinary share. The dividend will be paid on May 9, 2025, to shareholders who are recorded as holders at the close of business on April 25, 2025.
nVent Electric plc (NYSE:NVT) has announced the availability of its fourth quarter and full year 2024 financial results on the company's Investor Relations website. The earnings release has been posted at http://investors.nvent.com and will be furnished with the Securities and Exchange Commission on a Form 8-K.
The company has scheduled a conference call with analysts and investors at 10:00 a.m. ET. The call can be accessed via webcast or by phone. A replay will be available through February 20th, 2025, with access code 7088372.
nVent Electric (NYSE: NVT) has completed the sale of its Thermal Management business to Brookfield Asset Management funds for $1.7 billion, with expected net after-tax proceeds of approximately $1.4 billion. The company plans to use the proceeds for acquisitions and share repurchases.
The transaction represents a strategic move to transform nVent's portfolio into a more focused electrical connection and protection leader with higher growth potential. The Thermal Management business results have been reclassified as discontinued operations starting in Q3 2024 for both current and historical periods.
Goldman Sachs & Co. acted as financial advisor, while Foley & Lardner LLP provided legal counsel to nVent for the transaction.
