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Mueller Industries, Inc. completes acquisition of Nehring Electrical Works Company to expand its presence in critical infrastructure sectors

May 28, 2024over 1 year ago

Acquiring Company

Mueller Industries

Acquired Company

Nehring Electrical Works Company

ColliervilleDeKalbOil And GasManufacturingHardwareManufacturing

Description

Mueller Industries, Inc. has successfully completed its acquisition of Nehring Electrical Works Company, a company with a long-standing history of producing high-quality wire and cable solutions. This strategic acquisition aligns with Mueller’s target to expand its presence in critical infrastructure sectors and support long-term growth in the electrical and power infrastructure space.

Company Information

Company

Mueller Industries

Location

Collierville, Tennessee, United States

About

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 transmission; medical; aerospace and automotive. It encompasses a network of companies and brands across North America, Europe, Asia, and the Middle East.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed