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nVent to Acquire the Electrical Products Group Business of Avail Infrastructure Solutions

1. nVent announces $975 million acquisition of Avail's Electrical Products Group. 2. This acquisition strengthens nVent's infrastructure solutions offerings.

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FAQ

Why Bullish?

Acquisitions generally indicate growth potential, and nVent’s focus on infrastructure could lead to increased revenue. In the past, successful acquisitions like those of competitors in the electrical solutions market have resulted in substantial shareholder value.

How important is it?

The acquisition is a major strategic move expected to enhance nVent's market position and revenue streams, making it highly relevant to investors.

Why Long Term?

The full benefits from this acquisition may take time to materialize, similar to nVent’s earlier acquisitions like the Raychem acquisition, which enhanced their product portfolio over several years.

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AVAILETRGESCHN
LONDON--(BUSINESS WIRE)-- #Acquisitions--nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions, today announced that it has entered into a definitive agreement to acquire the enclosures, switchgear and bus systems businesses of Avail Infrastructure Solutions (the “Electrical Products Group”) for a purchase price of $975 million, subject to customary adjustments. The Electrical Products Group is a leading provider of infrastructure solutions, designed to hel.

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