Hubbell To Acquire Nsi Industries

ReutersMay 4, 2026 11:35 AM

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May 4 (Reuters) - Hubbell Inc HUBB.N:

HUBBELL TO ACQUIRE NSI INDUSTRIES
HUBBELL INC - TO BUY NSI INDUSTRIES FOR $3.0 BILLION IN CASH
HUBBELL INC - DEAL VALUED AT $3.0 BILLION, REPRESENTS ~15.5X ANTICIPATED 2026 EBITDA
HUBBELL INC - DEAL EXPECTED ACCRETIVE TO HUBBELL AND HES ADJUSTED OPERATING MARGINS AND LONG-TERM ORGANIC GROWTH
HUBBELL INC - TO FINANCE DEAL WITH CASH AND DEBT; OBTAINS FULLY COMMITTED BRIDGE FINANCING

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