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Add-on acquisition Oct 2006 Verified

Thomas & Betts Completes $33M Utility Product Acquisition

Thomas & Betts completed an acquisition for approximately $33 million during the third quarter of 2006. The deal enhances the company's utility product offering and did not significantly impact the Electrical segment's sales and earnings.

“During the quarter, Thomas & Betts completed an acquisition for approximately $33 million. The acquisition enhances the company's utility product offering and did not significantly impact the Electrical segment's sales and earnings.”

Entities

Thomas & Betts Corporation · Acquirer
Electrical Sentiment: Positive

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