Brookfield completes $1.7B acquisition of nVent's Thermal Management Business

Funds managed by Brookfield Asset Management completed the acquisition of nVent Electric's Thermal Management Business, including RAYCHEM and TRACER brands, for $1.7 billion in cash. The deal was announced on July 31, 2024 and completed by January 29, 2025.

“Funds managed by Brookfield Asset Management Ltd. completed the acquisition of Thermal Management Business from nVent Electric plc for $1.7 billion.”ca.marketscreener.com

• 2 sources
• ca.marketscreener.comFunds managed by Brookfield Asset Management Ltd. completed the acquisition of Thermal Management Business from nVent Electric plc. | MarketScreener CanadaS&P Capital IQJan 29, 2025
• rttnews.comBrookfield Completes Acquisition Of Chemelex From NVent ElectricRTTNews Staff WriterFeb 3, 2025

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