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- by manilatimes.net
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Avail Infrastructure Solutions Announces Sale of Electrical Products Group ("EPG”)
SUWANEE, Ga., March 10, 2025 (GLOBE NEWSWIRE) -- Avail Infrastructure Solutions ('Avail”), a Fernweh Group ('Fernweh”) portfolio Company, announced today it has entered into a definitive agreement to sell its Electrical Products Group ('EPG”) business unit to nVent Electric plc (NYSE: NVT) ('nVent”), for an Enterprise Value of $975 million, subject to customary adjustments.