# nVent to acquire AVAIL's Electrical Products Group for $975M

Avail Infrastructure Solutions (AVAIL) entered a definitive agreement to sell its Electrical Products Group to nVent Electric plc for $975 million, with the transaction expected to close in the first half of 2025.

- Type: Acquisition
- Announced: 2019-05-23
- Where: United States
- Value: $975.0M
- Status: announced
- Products: electrical enclosures, switchgear, bus systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [nVent Electric](https://endata.com/companies/12118.md) (acquirer)
- [AZZ Inc.](https://endata.com/companies/21596.md) (investor)
- [Avail Infrastructure Solutions](https://endata.com/companies/39569.md) (target)
- [Fernweh Group](https://endata.com/companies/39570.md) (investor)
- [Eldon Holding](https://endata.com/companies/41864.md) (target)

## Sources

- [investor.azz.com](https://investor.azz.com/2025-03-10-AZZ-Inc-Announces-Definitive-Agreement-by-AVAIL-Infrastructure-Solutions-to-Divest-Electrical-Products-Business), 2019-05-23: "The agreement to divest the Electrical Products Group within AVAIL to nVent represents the continued transition of AZZ into a focused industry leading provider of metal coating solutions."
- [schaltschrankbau-magazin.de](https://schaltschrankbau-magazin.de/artikel/eldon-wird-zu-nvent-hoffman/), 2020-03-10: "Im Sommer 2019 wurde die Übernahme der Eldon Unternehmensgruppe durch das amerikanische Elektrounternehmen nVent Electric plc (nVent) bekannt gegeben."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
