June 6 (Reuters) - nVent Electric PLC ( NVT ):

* NVENT TO ACQUIRE TRACHTE

* NVENT ELECTRIC PLC ( NVT ): EXPECT TRANSACTION TO BE ACCRETIVE TO

ADJUSTED EPS IN FIRST YEAR AFTER COMPLETING TRANSACTION

* NVENT TO ACQUIRE TRACHTE FOR $695 MILLION

* NVENT ELECTRIC PLC ( NVT ) - TRACHTE ESTIMATES 2024 REVENUES TO BE

APPROXIMATELY $250 MILLION.

* NVENT ELECTRIC PLC ( NVT ): EXPECTS TO FUND ACQUISITION WITH A

COMBINATION OF AVAILABLE CASH ON HAND AND NEW DEBT

* NVENT ELECTRIC PLC ( NVT ) - UPON CLOSING OF THIS TRANSACTION,

NVENT

PLANS TO OPERATE TRACHTE WITHIN ITS ENCLOSURES SEGMENT

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