Thomas & Betts Corporation, Memphis, TN, has agreed to acquire Lamson & Sessions for $450 million in cash.
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Lamson & Sessions, with its Carlon brand and trademarked Blue Box, is a North American supplier of non-metallic electrical boxes, fittings, flexible conduit and industrial PVC pipe.
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For the calendar year 2008, Thomas & Betts’s preliminary assessment is that the acquisition will contribute $500 million to revenues.
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In addition, the company is assessing strategic options regarding Lamson & Sessions’ PVC pipe business, potentially resulting in a divestment of that unit.
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Thomas & Betts Corporation is a manufacturer of electrical components used in construction, industrial and utility markets. The company is also a …
Thomas & Betts to Buy Lamson & Sessions for $450M
Thomas & Betts Corporation, Memphis, TN, has agreed to acquire Lamson & Sessions for $450 million in cash.
  ;
Lamson & Sessions, with its Carlon brand and trademarked Blue Box, is a North American supplier of non-metallic electrical boxes, fittings, flexible conduit and industrial PVC pipe.
  ;
For the calendar year 2008, Thomas & Betts’s preliminary assessment is that the acquisition will contribute $500 million to revenues.
  ;
In addition, the company is assessing strategic options regarding Lamson & Sessions’ PVC pipe business, potentially resulting in a divestment of that unit.
  ;
Thomas & Betts Corporation is a manufacturer of electrical components used in construction, industrial and utility markets. The company is also a …
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- Filed In: Electrical, Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors
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