Eldon was a privately held company headquartered in
Madrid
Madrid ( , ) is the capital and most populous city of Spain. The city has almost 3.4 million inhabitants and a metropolitan area population of approximately 6.7 million. It is the second-largest city in the European Union (EU), and ...
, Spain, and a global manufacturer of standard and customized enclosure solutions for the industrial and building markets.
Product manufacturing was developed in several European production facilities and a plant in
Umargam
Umargam ( IAST: ''Umargām''), also known as Umbergaon ( IAST: ''Umbargāv'') is a census town and Municipality in the Indian state of Gujarat. The town is known for its beaches, its tourist attractions, and its film industry. In 2017, the tow ...
,
India
India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the seventh-largest country by area, the second-most populous country, and the most populous democracy in the world. Bounded by the Indian Ocean on the so ...
. The company had 6 distribution centers and was present in 45 countries around the world.
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
Corporate information
Name
Eldon means “devices for electricity” in Swedis
https://en.wiktionary.org/wiki/don#Swedish] a representative name for a company manufacturing enclosures designed to protect highly sensitive electrical and electronic components.
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
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.
Construction
...
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 45,186 in January 2017 and is the second largest town in the province of Friesland.
History Begin ...
.
In 1999 Eldon AB was sold to
EQT Partners
EQT AB Group is a global investment organization founded in 1994. Its funds invest in private equity, infrastructure, real estate, growth equity, and venture capital in Europe, North America, and Asia Pacific.
, EQT's assets under management a ...
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.
References
{{reflist
Computer enclosure companies
Multinational companies