Deal closed Apr 2008 Verified
Thomas & Betts Acquisitions Drive Sales Growth
Acquisitions contributed $108.6 million or 22.9 percent of Thomas & Betts' net sales growth in Q1 2008. The company is integrating these acquisitions, consolidating distribution centers and eliminating duplicative costs.
“Acquisitions contributed $108.6 million or 22.9 percent while foreign currency benefited sales by approximately $22 million or 4.6 percent in the quarter.”
Entities
Thomas & Betts Corporation · Acquirer
ElectricalHVAC Sentiment: Positive
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