together with its listed affiliate Brookfield Business Partners (BBU), announced that it has completed the acquisition of Chemelex from nVent Electric Plc for a purchase price of $1.7B.

The acquisition of Chemelex, a manufacturer of electric heat tracing systems, was completed with an equity investment share of $210 million. Management cited this as an example of leveraging ...

Chemelex, a global leader in electric thermal and sensing solutions, today announces two significant milestones in its history: the completion of its separation from nVent and the appointment of ...

Chemelex is a global leader in the design and manufacturing of electric heat trace systems, the specialized wiring systems that regulate the temperature of pipes in industrial plants and ...

HOUSTON, January 30, 2025--(BUSINESS WIRE)--Chemelex, a global leader in electric thermal and sensing solutions, today announces two significant milestones in its history: the completion of its ...

NEW YORK, Feb. 03, 2025 (GLOBE NEWSWIRE) — Brookfield Asset Management (NYSE: BAM, TSX: BAM) through one of its private equity funds, together with its listed affiliate Brookfield Business ...

Chemelex is a global leader in the design and manufacturing of electric heat trace systems, the specialized wiring systems that regulate the temperature of pipes in industrial plants and commercial ...