M&A Deal Summary

nVent Electric Acquires Eldon Holding AB

On July 29, 2019, nVent Electric acquired manufacturer Eldon Holding AB for 130M USD

Acquisition Highlights
  • This is nVent Electric’s 1st transaction in the Manufacturing sector.
  • This is nVent Electric’s 5th largest (disclosed) transaction.
  • This is nVent Electric’s 1st transaction in Spain.

M&A Deal Summary

Date 2019-07-29
Target Eldon Holding AB
Sector Manufacturing
Buyer(s) nVent Electric
Deal Type Add-on Acquisition
Deal Value 130M USD

Target

Eldon Holding AB

Madrid, Spain
Eldon Holding AB is a European manufacturer of metal enclosures for industrial, electronic and data & telecommunication equipment.

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Buyer(S) 1

Buyer

nVent Electric

London, United Kingdom

Category Company
Founded 1903
Sector Electrical Equipment
Employees12,100
Revenue 3.0B USD (2024)
DESCRIPTION

nVent Electric is a provider of electrical connection and protection solutions. nVent designs, manufactures, markets, installs, and services high-performance products and solutions that connect and protect some of the world’s most sensitive equipment, buildings, and critical processes. nVent offers a comprehensive range of enclosures, electrical connections and fastening, and thermal management solutions across industry-leading brands that are recognized globally for quality, reliability, and innovation. The Company's principal office is in London, United Kingdom and our management office in the United States is in Minneapolis, Minnesota. nVent Electric was founded in 1903 and is based in London, England.


DEAL STATS #
Overall 1 of 9
Sector: Manufacturing M&A 1 of 3
Type: Add-on Acquisition M&A Deals 1 of 7
Country: Spain M&A 1 of 1
Year: 2019 M&A 1 of 1
Size (of disclosed) 5 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-02-10 WBT

Centralia, Illinois, United States

WBT LLC is a manufacturer of high-quality cable trays. WBT offers product designs and solutions that constantly innovate offering, all designed to provide faster and cleaner installations while providing a uniform and engineered cable tray every time.

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