Hubbell Expands Utility Offering with Deal to Buy Burndy for $360 Million

Hubbell Inc., Orange, Conn., signed a definitive agreement to buy the Burndy connectors business from FCI Group for $360 million in cash. The addition of Burndy expands Hubbell’s offering in several markets, most significantly the market for high-voltage connectors and tooling for electric utility transmission and distribution operations.

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