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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