Memphis, TN-based Thomas &Betts Corp. has sold its minority interest (29.1%) in Leviton Manufacturing Co., Little Neck, NY, back to the producer of electrical and electronic wiring devices for $300 million.
Thomas &Betts is a designer and manufacturer of electrical components used in industrial, commercial, communications and utility markets. The company is also a producer of commercial heating and ventilation units and highly engineered steel structures used, among other things, for utility …
Thomas & Betts Sells Share in Leviton
Memphis, TN-based Thomas &Betts Corp. has sold its minority interest (29.1%) in Leviton Manufacturing Co., Little Neck, NY, back to the producer of electrical and electronic wiring devices for $300 million.
Thomas &Betts is a designer and manufacturer of electrical components used in industrial, commercial, communications and utility markets. The company is also a producer of commercial heating and ventilation units and highly engineered steel structures used, among other things, for utility …
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- Filed In: Electrical, Finance, Free, Mergers & Acquisitions, News, Subscriber Only, Top Distributor Sectors
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