nVent, a global leader in providing electrical solutions, launched in India
nVent Electric plc (“nVent”), a global leader in electrical connection and protection solutions, announced its launch today in India as an independent, publicly traded company. The organization is a spin-off of Pentair plc (“Pentair”), a multinational diversified industrial company.
nVent has a leading portfolio of electrical enclosures, electric heat tracing solutions, complete heat management systems, and electrical and fastening solutions that connect and protect critical systems across the globe where the cost of failure is high. Its innovative electrical solutions help maximize customer efficiency, improve utilization, lower installation costs as well as the total cost of ownership and minimize downtime.
“With the completion of this spin, nVent has achieved a major milestone in becoming a more focused, global leader in providing electrical connection and protection solutions to customers around the world,” said Beth Wozniak, nVent’s chief executive officer. Mr. Beth Wozniak added, “We are going to be a fast-paced, dynamic growth company, focused on our customers and moving with velocity. I am proud to be part of the nVent team and am confident in the strategy and portfolio we have in place to deliver long-term shareholder value.”
nVent customers include commercial builders, energy companies, data centers and industrial manufacturers. The company’s business – divided into three segments – centers on six well-established brands.