Thomas & Betts Acquires Cable Management Group, Ltd.

Thomas & Betts Corporation completed the acquisition of Cable Management Group, Ltd. (CMG) on October 1, 2010, for £70 million (approximately $110 million) from available cash reserves. CMG is a global manufacturer of cable protection systems for industrial and infrastructure applications.

“on October 1, 2010, the company acquired Cable Management Group, Ltd., a leading global manufacturer of cable protection systems specified in industrial and infrastructure applications, for £70 million (approximately $110 million) from available cash reserves.”

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