Hubbell to buy NSI Industries for 3.0 bln usd
(Il Sole 24 Ore Radiocor) - Milano, 4 mag - Hubbell Incorporated, a US manufacturer of utility and electrical solutions, announced it has entered into a definitive agreement to acquire NSI Industries, provider of electrical fittings, connectors, components and wire management products, for 3.0 billion dollars in cash.
NSI Industries, a portfolio company of the private equity Sentinel Capital Partners, anticipates 2026 revenue of approximately 570 million dollars.
Hubbell expects the acquisition to be accretive to adjusted.
earnings per share in 2026.
(RADIOCOR) 04-05-26 14:32:00 (0354) 5 NNNN