nVent Acquires WBT LLC Cable Tray Business

February 10, 2020

nVent Electric plc acquired substantially all of the assets of WBT LLC, a U.S.-based cable tray manufacturer. The asset purchase brings WBT's cable tray product line and ~40 employees (Centralia, IL and Chandler, AZ) into nVent's Electrical & Fastening Solutions segment to complement the nVent CADDY offering and broaden pathway and cable management solutions for data center, commercial and industrial customers.

Buyers
nVent Electric plc
Targets
WBT LLC
Sellers
WBT LLC
Industry
Manufacturing
Location
Illinois, United States
Transaction Type
Buyout

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