Eldon
TypePrivately held
IndustryIndustrial Enclosures
Founded1922
HeadquartersMadrid, Spain
ProductsEnclosure systems
Terminal Boxes
Human-Machine Interface
Thermal management
Websitehttp://www.eldon.com/en/

Eldon was an industrial encloser manufacturing company headquartered in Madrid, Spain.

Product manufacturing was developed in several European production facilities and a plant in Umargam, India. The company had 6 distribution centers and was present in 45 countries.[1]

Name and etymology

Eldon means “devices for electricity” in Swedish, a representative name for a company manufacturing enclosures designed to protect highly sensitive electrical and electronic components.

The Industrial park, home of Eldon – Madrid, Spain

History

Founded in 1922 in Nässjö, Sweden, the original company, was called Elekto Ljus & Kraft, the name changed to AB Eldon-Verken in 1948.

Initially building electrical installation equipment and selling radios, the latest invention at the time, they soon began manufacturing a junction box 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.

In 1999, Eldon AB was sold to EQT Partners 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.[2][3]

Products

nVent HOFFMAN (previously Eldon) 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

  1. ↑ "Eldon Products from IDEAL Electrify Shop". idealelectrifyshop.com. Retrieved 2020-04-15.
  2. ↑ "Pentair Spinoff nVent to Buy Spain-based Eldon Enclosures for $130M". Twin Cities Business. Retrieved 2020-04-02.
  3. ↑ Jones, Donovan (2019-08-05). "nVent Electric To Acquire Eldon For Global Growth Initiative". Seeking Alpha. Retrieved 2020-04-02.
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