# nVent acquires Eldon Group for USD 130 million

nVent Electric plc acquired the Eldon Group, a Swedish company specializing in enclosures and cabinets, for USD 130 million on a debt-free basis.

- Type: Acquisition
- Announced: 2019-09-04
- Where: Sweden
- Value: $130.0M
- Status: completed
- Products: enclosures, cabinets
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [nVent Electric](https://endata.com/companies/12118.md) (acquirer)
- [Eldon Holding](https://endata.com/companies/41864.md) (target)

## Sources

- [tmpartners.se](https://tmpartners.se/2019/09/04/nvent-forvarvar-eldon-koncernen/), 2019-09-04: "Transaktionsvärdet uppgick till USD 130 miljoner på skuldfri basis."

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