T&B to Buy Danaher Businesses And Hazardous Location Equipment Maker

Thomas & Betts Corp. (T&B), Memphis, Tenn., agreed to acquire the Joslyn Hi-Voltage and Power Solutions businesses from Danaher Corp. for $280 million. In a separate transaction, T&B agreed to acquire Drilling Technical Supply SA (DTS), a privately held French manufacturer of hazardous lighting and electrical controls, for approximately $20 million.

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