nVent Electric plc traces its origins to 2018 when it spun off from Pentair, establishing its independence and a focused commitment to electrical connection and protection solutions. Headquartered in London with a U.S. management office in Minneapolis, the company’s roots, however, go back over a century through its longstanding brands—such as ERICO, CADDY, HOFFMAN, RAYCHEM, and SCHROFF—that predate the spin-off.
The company designs, manufactures, markets, installs, and services a comprehensive portfolio across three primary segments: Enclosures (including cabinets and modular control buildings), Electrical & Fastening Solutions (such as grounding systems and cable management), and until recently, Thermal Management—covering heat tracing, freeze protection, and de-icing systems. Its solutions are deployed across sectors like industrial, infrastructure, data centers, energy, transportation, and renewable energy, offering critical protection and connectivity for sensitive equipment and systems.
The company has strengthened its infrastructure capabilities through strategic acquisitions and divestitures. The $695 million purchase of Trachte in 2024 added custom-engineered control buildings to nVent’s Systems Protection offerings. In 2025, nVent finalized a $975 million deal to acquire Avail Infrastructure Solutions’ Electrical Products Group, enhancing its switchgear, enclosure, and bus system portfolio—especially serving power utilities and data centers. In contrast, its sale of the Thermal Management business in mid-2024 for $1.7 billion streamlined its focus toward higher-growth segments.
Widely recognized for its innovation in liquid cooling and power distribution for data centers, nVent teamed up with NVIDIA to develop solutions for AI-intensive applications in 2024 and unveiled advanced rear-door cooling units and intelligent PDUs at SC24. An expanded Minnesota liquid cooling production facility opened in late 2023 to meet rising demand. With its core strengths in enclosures, electrical infrastructure, and data-center cooling, nVent continues to evolve as a leading provider of protective and connectivity systems integral to electrified, digitized industries worldwide.