Hubbell to acquire DMC Power for $825M

Hubbell Incorporated has entered into a definitive agreement to acquire DMC Power, a provider of connectors and tooling for utility substation and transmission markets, for $825 million in cash.

“Hubbell Incorporated today announced it has entered into a definitive agreement to acquire DMC Power, LLC, a portfolio company of Golden Gate Capital and a provider of connectors and tooling for utility substation and transmission markets, for $825 million in cash.”markets.financialcontent.com

• 2 sources
• markets.financialcontent.comAbout Us | Cabling Installation & Maintenance - Hubbell to Acquire DMC PowerHubbell Inc.May 13, 2019
• markets.financialcontent.comAbout Us | Oil & Gas Journal - Hubbell to Acquire DMC PowerHubbell Inc.Jun 18, 2019

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