NVent Electric Closes $1.75 Billion Acquisition of Maverick Power
MT newswire2026/10/01 12:23Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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08:23 AM EDT, 10/01/2026 (MT Newswires) -- nVent Electric (NVT) said Thursday it has completed its $1.75 billion acquisition of Maverick Power, a provider of power distribution and infrastructure services for data centers. The deal includes the potential additional consideration of up to $550 million in cash tied to the achievement of certain performance metrics in 2027 and 2028.
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