Mueller Industries, Inc. to acquire Nehring Electrical Works Company for approximately $575 million
Acquiring Company
Mueller Industries
Acquired Company
Nehring Electrical Works Company
ColliervilleDeKalbManufacturingOil And GasManufacturingHardwareDescription
Mueller Industries, Inc. has entered into a definitive agreement to acquire Nehring Electrical Works Company and certain of its affiliated companies for approximately $575 million, plus an additional $25 million earn out. The acquisition provides a substantial platform for long-term growth in the electrical and power infrastructure space and complements Mueller’s expertise in critical infrastructure sectors.
Quick answer
Mueller Industries is acquiring Nehring Electrical Works Company for $575 million, announced April 22, 2024. Mueller Industries is based in Collierville, Tennessee, United States.
- How much did Mueller Industries pay for Nehring Electrical Works Company?
- The reported deal value is $575 million.
- What does Mueller Industries do?
- Mueller Industries, Inc. is an industrial corporation with holdings that manufacture essential goods for various markets, including air, water, oil and gas distribution; climate comfort; food preservation; energy..
- Where are Mueller Industries and Nehring Electrical Works Company based?
- Mueller Industries is based in Collierville, Tennessee, United States. Nehring Electrical Works Company is based in DeKalb, Illinois, United States.
- Who are the decision-makers at Mueller Industries?
- Fundz holds 1 contact at Mueller Industries. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Frequently asked
Who acquired Nehring Electrical Works Company?
Nehring Electrical Works Company was acquired by Mueller Industries, based in Collierville. The deal was reported on April 22, 2024. Mueller Industries, Inc. Mueller Industries is publicly traded (MLI) and operates in Manufacturing.
When did Mueller Industries acquire Nehring Electrical Works Company?
Mueller Industries's acquisition of Nehring Electrical Works Company was reported on April 22, 2024. Mueller Industries, Inc. has entered into a definitive agreement to acquire Nehring Electrical Works Company and certain of its affiliated companies for approximately $575 million, plus an additional $25 million earn out. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Nehring Electrical Works Company do?
Nehring Electrical Works Company, founded in 1912 and headquartered in DeKalb, Illinois, produces high-quality wire and cable solutions for the utility, telecommunication, electrical distribution, and OEM markets. It is privately held, operating in Manufacturing, and is based in DeKalb.
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