# nVent to acquire ECM Industries for $1.1 billion

nVent Electric plc has entered into a definitive agreement to acquire ECM Industries, LLC, a provider of electrical connectors, tools and cable management, for $1.1 billion. The acquisition is expected to close in 2023.

- Type: Acquisition
- Announced: 2023-04-03
- Where: New Berlin, Wisconsin, United States
- Value: $1.10B
- Status: announced
- Products: electrical connectors, tools, test instruments, cable management
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [nVent Electric](https://endata.com/companies/12118.md) (acquirer)
- [ECM Industries](https://endata.com/companies/46892.md) (target)
- [ECM Investors](https://endata.com/companies/69502.md) (target)

## Sources

- [investors.nvent.com](https://investors.nvent.com/press-releases/press-release-details/2023/nVent-to-Acquire-ECM-Industries-LLC/), 2023-04-03: "We are excited to acquire ECM Industries."
- [reuters.com](https://www.reuters.com/markets/deals/nvent-buy-ecm-industries-parent-11-bln-2023-04-03/), 2023-04-03: "Electrical components manufacturer nVent Electric said on Monday it will acquire ECM Industries parent ECM Investors for $1.1 billion."
- [ewweb.com](https://www.ewweb.com/news/mergers-acquisitions/article/21263282/nvent-acquisition-of-ecm-industries-brings-together-major-package-of-well-known-electrical-brands), 2023-04-04: "This is an exciting time in ECM's evolution."
- [biztimes.com](https://biztimes.com/ecm-industries-will-be-acquired-by-minnesota-firm-for-1-1-billion/), 2023-04-04: "We are excited to acquire ECM Industries."
- [businesswire.com](https://www.businesswire.com/news/home/20230518005683/en/nVent-Completes-Acquisition-of-ECM-Industries), 2023-05-18: "I am excited to welcome the ECM team to nVent."
- [prnewswire.com](https://www.prnewswire.com/news-releases/nvent-to-acquire-ecm-industries-301829071.html), 2023-05-18: "We are excited to be joining the nVent family of brands."

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