nVent plans to acquire the Electrical Products Group, a North American infrastructure solutions provider, anticipating immediate financial benefits and enhanced integration within its Systems Protection segment.

Target Company Information

The Electrical Products Group is a prominent provider of infrastructure solutions in North America, boasting a workforce of around 1,100 employees and operating nine manufacturing facilities across the United States. For the 12 months ending February 28, 2025, the Electrical Products Group anticipates revenues of approximately $375 million, supported by a robust backlog indicative of sustained demand.

Industry Overview

The electrical products industry in the United States has shown resilience, characterized by an increasing demand for innovative infrastructure solutions. With ongoing developments in renewable energy and smart technologies, businesses are investing significantly in electrical infrastructure to support these advancements.

Moreover, the expanding focus on safety and efficiency in industrial operations has further propelled growth in this sector. The mark