Pentair announces new electrical company nVent
Pentair plc unveiled the name of its future Electrical company as nVent Electric plc (“nVent”) and announced additional key leadership. The Company’s separation into two independent, publicly-traded companies remains on track to be completed in the second quarter of 2018. As previously announced, the future Water company will retain the Pentair name.
The name ‘nVent’ reflects the legacy of innovation across our portfolio of brands that will serve as the foundation for the new company executing the mission to connect and protect customers with inventive electrical solutions, create safer systems and ensure a more secure world. As a high-performance electrical company, nVent is focused on improving utilization, lowering costs and maximizing customer uptime.