(Reuters) -Hubbell said on Tuesday it will acquire smaller peer DMC Power for $825 million in cash, as the electrical equipment maker bolsters its critical components portfolio to meet an expected ...
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Attractive growth and margin profile aligned to megatrends in load growth, datacenter interconnection and aging infrastructure $825 million transaction to be financed with cash and debt; anticipate ...
Hubbell Incorporated (NYSE:HUBB) will acquire DMC Power LLC for $825 million in cash, expanding its Utility Solutions portfolio with patented swage connection technology for high-voltage ...
Provider of connectors and tooling for utility substation and transmission markets Complementary technology enhances Hubbell’s Utility Solutions portfolio Attractive growth and margin profile aligned ...
Provider of connectors and tooling for utility substation and transmission markets Complementary technology enhances Hubbell's Utility Solutions portfolio Attractive growth and margin profile aligned ...
DMC Power, currently owned by Golden Gate Capital, manufactures connector technology systems for utility substation and transmission markets. The acquisition will expand Hubbell’s offerings in the ...