nVent Electric To Acquire Maverick Power For $1.75B, Including Potential Consideration Of Up To $550M In Cash For Certain Performance Goals In 2027 And 2028
Maverick Power is a leading manufacturer of engineered power distribution and infrastructure solutions for data centers.The acquisition of Maverick Power strengthens nVent’s position in the high-growth infrastructure
nVent is buying a company called Maverick Power that makes equipment for data centers. This shows nVent thinks data centers are growing fast and wants to be a bigger part of that business.
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