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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