nVent Electric PLC completed its previously announced acquisition of the Madrid-based, electric-enclosure maker Eldon Holding AB, officials confirmed Tuesday.
The $128 million purchase was originally announced in late July. The deal gives nVent a firm with $90 million in annual revenue, a fresh line of complementary products, and new locations in Spain, Romania and India.
nVent, which is based in England but largely managed from St. Louis Park, has operations in the United States, France, Germany, Poland, England, Brazil, China, Japan, Korea, Singapore and India.
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More from Star Tribune
More From Star Tribune
More From Business
Business
More than just a bowl of noodles, ramen in Japan is an experience and a tourist attraction
Spicy, steaming, slurpy ramen might be everyone's favorite Japanese food.
Business
Stock market today: Asian benchmarks mostly slide as investors focus on earnings
Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the ''Magnificent Seven.''
Business
US coalition warship shoots down missile fired by Yemen's Houthi rebels over the Gulf of Aden
A warship — part of a U.S.-led coalition protecting shipping in the Mideast — intercepted an anti-ship ballistic missile fired over the Gulf of Aden on Wednesday, the American military said, marking a new attack by Yemen's Houthi rebels after a recent lull.
Business
This 'supereasy ramen' recipe shows how easy it is to make the Japanese noodle dish at home
Ramen noodles are so popular they have become one reason to visit Japan. But ramen can easily be cooked at home too, especially if you can find the ingredients at your neighborhood Asian grocery store.
Business
Stock market today: Asian benchmarks mostly slide as investors focus on earnings
Asian shares mostly declined Thursday as investors awaited a flood of global earnings reports, including updates from U.S. tech companies known as the ''Magnificent Seven.''