Nvent completes acquisition of cis global business

London--(business wire)--nvent electric plc (nyse: nvt) (“nvent”), a global leader in electrical connection and protection solutions, today announced it has completed the previously announced acquisition of cis global, a leading provider of intelligent rack power distribution and server slides products. cis global was acquired for a cash purchase price of approximately $200 million, subject to customary adjustments, and had more than $80 million in sales in 2020. “the increasing demand for elec
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