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nVent Electric plc Acquires ECM Industries, Expanding its Electrical Connection and Protection Solutions

NEW BERLIN, Wis., May 18, 2023 ECM Investors, LLC, the parent company of ECM Industries, LLC, announced today that it has been acquired by nVent Electric plc (NYSE: NVT) (“nVent”), a global leader in electrical connection and protection solutions. The acquisition marks a significant milestone for nVent, enhancing its capabilities and expanding its portfolio of high-performance products and solutions.

nVent, with its headquarters in St. Louis Park, Minnesota, operates with a team of over 10,000 professionals across more than 130 sites worldwide. The company specializes in designing, manufacturing, marketing, installing, and servicing products that connect and protect mission-critical equipment, buildings, and essential processes. nVent is renowned for its industry-leading brands, including nVent CADDY, ERICO, HOFFMAN, RAYCHEM, SCHROFF, and TRACER, which are globally recognized for their quality, reliability, and innovation.

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Mike Masino, CEO of ECM Industries, expressed enthusiasm about the acquisition, stating, “We are excited to be joining the nVent family of brands. nVent’s focus on the electrification of everything, high-growth verticals, global expansion, and complementary products will benefit ECM Industries’ customers, suppliers, and employees.” ECM Industries, a global manufacturer and supplier of electrical products, serves construction and maintenance, irrigation and landscape supply, and utility markets. Its portfolio includes renowned brands such as ILSCO, Utilco, Gardner Bender, Sperry Instruments, Bergen Industries, and King Innovation, which have been trusted by electricians, contractors, and maintenance technicians for over 125 years.

Under the acquisition agreement, ECM Industries will become part of nVent’s Electrical Fastening and Solutions segment. ECM will continue to operate its sales, engineering, operations, and customer support functions from its existing locations, ensuring a seamless transition for its stakeholders.

nVent, as a leading provider of electrical solutions, is dedicated to enabling safer systems and ensuring a more secure world through its inventive products. The company offers a comprehensive range of enclosures, electrical connections, and fastening and thermal management solutions. With a strong emphasis on quality, reliability, and innovation, nVent’s portfolio of leading electrical product brands has a rich heritage spanning over 100 years.

For more information about ECM Industries, please visit www.ecmindustries.com. To learn more about nVent and its comprehensive range of electrical connection and protection solutions, visit www.nvent.com.

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