Deal closed Feb 2008 · Memphis, Tenn. Verified
Thomas & Betts Completes Four Strategic Acquisitions in 2007
Thomas & Betts completed four strategic acquisitions during 2007, including the $450 million purchase of Lamson & Sessions in Q4, totaling approximately $750 million. These acquisitions expanded the company's commercial, industrial, and power delivery product offerings.
“We also completed four strategic acquisitions during the year which expanded our offering of innovative commercial, industrial and power delivery products and should contribute significantly to sales and earnings growth in 2008.”
Entities
Lamson & Sessions Co. · Target Thomas & Betts Corporation · Acquirer
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