nVent Hoffman, previously known as Eldon Enclosures, is an industrial encloser manufacturing company.
History
Founded in 1922 in
Nässjö
Nässjö () is a locality and the seat of Nässjö Municipality, Jönköping County, Sweden with 31,782 inhabitants in 2024.
History
For many years, Nässjö was a rural village with agriculture as the dominant occupation. The turning point wa ...
, Sweden, the original company, was called Elekto Ljus & Kraft, the name changed to AB Eldon-Verken in 1948.
Eldon is a
portmanteau
In linguistics, a blend—also known as a blend word, lexical blend, or portmanteau—is a word formed by combining the meanings, and parts of the sounds, of two or more words together. of the Swedish word
el(electrical) an
don(device).
Initially building electrical installation equipment and selling radios, the latest invention at the time, they soon began manufacturing a
junction box
An electrical junction box (also known as a "jbox") is an enclosure housing electrical connections. Junction boxes protect the electrical connections from the weather, as well as protecting people from accidental electric shocks.
Functions of ...
designed for the use with electric ovens.
In 1963, the first acquisition was made with the take-over of their biggest competitor, Elektriska Osterman AB. Four years later, the Eldon-Osterman companies have merged under the common name of Eldon AB.
In 1967, the company expanded abroad, by opening sales offices in several European Countries, starting with the
UK and Belgium.
The Dutch subsidiary was inaugurated in 1970 in the north of the Netherlands, in
Drachten
Drachten (, ) is a town in the northern Netherlands. It is located in the municipality of Smallingerland, Friesland. It had a population of around 56.098 in 2023 and is the Friesland#Urban areas, second largest town in the province of Friesland.
...
.
In 1999, Eldon AB was sold to
EQT AB
EQT AB is a Swedish global investment organization founded in 1994. Its funds invest in private equity (EQT Private Capital Europe & North America), infrastructure (EQT Infrastructure), real estate (EQT Real Estate), growth equity, and ventur ...
and in 2006, the new management team acquired the majority shareholding from EQT.
In July 2019, Eldon Enclosures was acquired by nVent Electric plc for $130 million in cash, and renamed to nVent Hoffman.
Prior to the nVent acquisition, Eldon Enclosures was headquartered in
Madrid
Madrid ( ; ) is the capital and List of largest cities in Spain, most populous municipality of Spain. It has almost 3.5 million inhabitants and a Madrid metropolitan area, metropolitan area population of approximately 7 million. It i ...
, Spain. Product manufacturing was developed in several European production facilities and a plant in
Umargam
Umargam (International Alphabet of Sanskrit Transliteration, IAST: ''Umargām''), also known as Umbergaon (International Alphabet of Sanskrit Transliteration, IAST: ''Umbargāv'') is a census town and Municipality in the Indian States and terri ...
,
India
India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
. The company had 6 distribution centers and was present in 45 countries.
Products
nVent HOFFMAN offers several ranges of products:
* Floor Standing Enclosures
* Wall Mounted Enclosures
* Terminal Boxes
* Human Machine Interface
* Thermal Management
* Cable Management
* General Accessories
* Power Distribution
* Panel Shop Automation
References
{{reflist
Defunct companies of Spain
Defunct computer hardware companies
Computer enclosure companies
Multinational companies