---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-086333"
form_type: "8-K"
ticker: "NVT"
cik: "0001720635"
company_name: "nVent Electric plc"
filed_at: "2024-08-06T23:59:59+00:00"
generated_at: "2026-05-31T12:21:03.744143+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.9
calibrated_materiality_score: 0.9
confidence: "high"
source: SEC EDGAR
---

# nVent to sell Thermal Management business to Brookfield affiliate for $1.7B

## Summary
- nVent Electric agrees to sell its Thermal Management business to BCP Acquisitions LLC (Brookfield) for $1.7B in cash.
- Purchase price subject to working capital, cash, and debt adjustments; assumption of certain liabilities by buyer.
- Closing conditions include HSR and other antitrust clearances; transaction must close by April 30, 2025.
- Buyer must pay nVent a $136M termination fee if it fails to close after conditions satisfied or for covenant breach.
- Transaction involves pre-closing reorganization; seller retains cash, tax refunds, and specified excluded assets.

## SEC filing metadata
- accession: 0001104659-24-086333
- form_type: 8-K
- ticker: NVT
- cik: 0001720635
- company_name: nVent Electric plc
- filed_at: 2024-08-06T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.9
- calibrated_materiality_score: 0.9
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1720635/000110465924086333/0001104659-24-086333-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1720635/000110465924086333/tm2420815d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-086333
- JSON: https://secwatch.observer/filing/0001104659-24-086333.json
- Plain text: https://secwatch.observer/filing/0001104659-24-086333.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.