nVent Electric plc is a leading global manufacturer of electrical connection and protection solutions, operating primarily through two core segments: Enclosures and Electrical & Fastening Solutions. The Enclosures segment provides physical infrastructure solutions, including metallic and non-metallic enclosures, cabinets, and thermal management systems under the Hoffman and Schroff brands, designed to protect critical electronics and data center equipment. The Electrical & Fastening Solutions segment, featuring brands like ERICO, CADDY, and ILSCO, offers electrical connectors, grounding and bonding systems, and mechanical fastening products that connect power and data infrastructure. Historically, nVent also operated a Thermal Management segment (Raychem and Tracer brands), which it sold to Brookfield Asset Management in 2024 to focus on its core electrical connection and protection offerings. In 2025, the company expanded its engineered building solutions platform by acquiring the Electrical Products Group business of Avail Infrastructure Solutions, adding switchgear and bus systems to its portfolio. nVent serves a diverse range of end markets, including industrial automation, commercial and residential construction, energy, telecommunications, and data centers. The company benefits from secular tailwinds such as the electrification of infrastructure, the expansion of AI-driven data centers, and the transition to renewable energy. With a global manufacturing footprint and a strong presence in North America and Europe, nVent leverages its legacy brands and integrated sales approach to drive organic growth and margin expansion.
