nVent Electric to acquire CIS Global for $200 million

nVent Electric signed a definitive agreement to acquire CIS Global, a provider of data center power solutions, for approximately $200 million in cash. The deal is expected to close by Q3 2021.

“nVent Electric plc today announced it has entered into a definitive agreement to acquire CIS Global LLC, a privately held leading provider of mission critical power and server rack-mount slide products for the rapidly growing data center and networking industries.”investors.nvent.com

• 1 source
• investors.nvent.comnVent Electric plc - nVent Signs Agreement to Acquire CIS GlobalJun 9, 2021

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