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.
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.