Envent completes acquisition of Tract (Germany)
nVent Electric acquired all of Tract's shares on 2024/6/6. Tract is a data center infrastructure solutions provider headquartered in Germany. The company manufactures and sells products such as cooling systems, power solutions, racks & enclosures, and cabling solutions. Tract's customers include hyperscale cloud providers, telecom operators, and enterprises. With this acquisition, nVent Electric plans to expand its portfolio of data center infrastructure solutions and enhance its access to hyperscale cloud, telecommunications, and enterprise markets. Additionally, the acquisition will allow nVent Electric to expand its operations in the Europe, Middle East, and Africa (EMEA) region. Below, I will explain Tract in detail. * Founded: 1980 * Headquarters: Frankfurt, Germany * Employees: Approx. 1,300 * Sales: Approx. 350 million Euros (approx. 45 billion yen) * Customers: Hyperscale Cloud Providers, Telecommunications Carriers, Businesses, etc. Main Products: * Cooling Systems* Power Solutions* Racks & Enclosures* Cabling Solutions nVent Electric will, through this acquisition, We plan to further strengthen our leadership in the data center infrastructure solutions market and accelerate growth. If you want to learn more about nVent Electric, check out the links below. * https://www.nvent.com/en-us/ * https://tractiontracks.com/store/Tract-T-Tool%E2%84%A2-p266368366
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