# nVent Electric acquires TEXA Industries

nVent Electric plc acquired TEXA Industries, an Italian provider of industrial cooling applications including air conditioners and chillers. The acquisition strengthens nVent's position in industrial automation and energy storage cooling solutions.

- Type: Acquisition
- Announced: 2023-07-11
- Where: Italy, Italy
- Jobs: 90
- Status: completed
- Products: industrial air conditioners, chillers
- Sectors: [HVAC and Industrial Refrigeration](https://endata.com/sectors/hvac-refrigeration.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [nVent Electric](https://endata.com/companies/12118.md) (acquirer)
- [TEXA Industries](https://endata.com/companies/71353.md) (target)

## Sources

- [investors.nvent.com](https://investors.nvent.com/press-releases/press-release-details/2023/nVent-Acquires-TEXA-Industries/default.aspx), 2023-07-11: "We are excited about the addition of TEXA Industries. Combined with our expertise in liquid cooling, this acquisition strengthens nVent's position and accelerates our ability to provide global cooling solutions in demanding environments, such as industrial automation and energy storage."
- [investor.wedbush.com](https://investor.wedbush.com/wedbush/article/bizwire-2023-7-11-nvent-acquires-texa-industries), 2023-07-11: "We are excited about the addition of TEXA Industries. Combined with our expertise in liquid cooling, this acquisition strengthens nVent's position and accelerates our ability to provide global cooling solutions in demanding environments, such as industrial automation and energy storage."
- [plantengineering.com](https://www.plantengineering.com/plant-engineering-manufacturing-ma-july-2023/), 2023-07-27: "nVent Electric plc, a global leader in electrical connection and protection solutions, has acquired TEXA Industries, which will operate within its Enclosures business segment."

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