2023-05-19 06:59:12 ET
- nVent Electric ( NYSE: NVT ) acquires ECM Investors, the parent company of ECM Industries.
- ECM Industries will join the Electrical Fastening and Solutions segment and will continue to operate its sales, engineering, operations and all customer support functions from its existing locations.
- Mike Masino, CEO of ECM Industries, commented, "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 complimentary products will benefit ECM Industries' customers, suppliers and employees."
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nVent acquires ECM Industries