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nVent Electric plc completed the acquisition of the enclosures, switchgear and bus systems businesses of Avail Infrastructure Solutions (Electrical Products Group) for $975 million. The acquired business has nine manufacturing locations in the United States and approximately 1,100 employees.
“As we continue to transform our portfolio to become a more focused, higher growth electrical company, we are excited to welcome the Electrical Products Group team to nVent.”marketscreener.com
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