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nVent Electric Plc (nVent) designs and manufactures electrical connection and protection products. The company provides enclosures, thermal management, and electrical and fastening solutions. Its enclosures services provide solutions to protect heat in electronics, communication, control, and power equipment. nVent's thermal management provides electric thermal solutions that connect critical buildings, infrastructure, and industrial processes. The company's electrical and fastening solutions consist of fastening solutions to connect and protect electrical and mechanical systems, and civil structures. It sells its products under the brand names CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER brands. The company serves the energy, industrial, infrastructure, and commercial and residential sectors. It operates in the US, Canada and Mexico, among others. nVent is headquartered in London, England, the UK.
Headquarters
United Kingdom
Address
8th Floor East, The Mille, 1000 Great West Road, London, England, W69TQ
Telephone
44 76 32047700
No of Employees
12,000
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
NVT (NYSE)
Revenue (2024)
$3.9B
29.5%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
114%
(2024 vs 2023)
Market Cap*
$24.6B
Net Profit Margin (2024)
XYZ
65.2%
(2024 vs 2023)
* As of and is in US$
nVent Electric Plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Electrical Enclosures | Electrical and Fastening Solutions | Caddy |
| Electrical Heat Tracing Systems | Thermal Management | Erico |
| Fire Rated Wiring | Hoffman | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In November, the company introduced a new line of modular data center liquid cooling solutions. |
| 2025 | Acquisitions/Mergers/Takeovers | In May, the company acquired the enclosures, switchgear, and bus systems businesses of Avail Infrastructure Solutions for US$975 million. |
| 2024 | Contracts/Agreements | In November, the company entered into a partnership with NVIDIA to implement liquid cooling solutions on a large scale. |
Competitor Comparison
| Key Parameters | nVent Electric Plc | Pentair Plc | Atkore Inc | Franklin Electric Co Inc | CoolIT Systems Inc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United Kingdom | United States of America | United States of America | Canada |
| City | London | London | Harvey | Fort Wayne | Calgary |
| State/Province | England | Greater London | Illinois | Indiana | Alberta |
| No. of Employees | 12,000 | 9,000 | 5,400 | 6,500 | - |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Beth A. Wozniak | Chairman; Chief Executive Officer | Executive Board | 2023 | 60 |
| Randolph A. Wacker | Chief Accounting Officer; Senior Vice President; Treasurer | Senior Management | 2019 | 60 |
| Nitin Jain | Executive Vice President; Chief Strategy Officer | Senior Management | 2026 | - |
| Aravind Padmanabhan | Executive Vice President; Chief Technology Officer | Senior Management | 2019 | 56 |
| Martha C. Bennett | Executive Vice President; Chief Marketing Officer | Senior Management | 2024 | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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