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Deal closed Jul 2010 · Europe Verified

Thomas & Betts Acquires PMA AG

Thomas & Betts Corporation completed the acquisition of PMA AG, a European supplier of specialty cable protection systems, for approximately €84.5 million (approximately $115 million) during the second quarter of 2010.

“Major uses of cash during the quarter included: the acquisition of PMA AG, a leading European supplier of specialty cable protection systems, for €84.5 million (approximately $115 million);”

Entities

PMA AG · Target Thomas & Betts Corporation · Acquirer
Electrical Sentiment: Positive

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