Connections +
News

Belden acquires Thomas & Betts Communications Products Business

Belden Inc. has entered into a definitive agreement to acquire the Thomas & Betts Communications Products Business for US$78 million in cash.


November 17, 2010  


Print this page

Belden Inc. has entered into a definitive agreement to acquire the Thomas & Betts Communications Products Business for US$78 million in cash.

The business includes Snap-N-Seal drop connectors, LRC hardline connectors, Diamond hardware and grounding products, and telecom enclosures and connectors including the Kold-N-Klose enclosure system.

The acquisition is subject to regulatory review under the Hart-Scott-Rodino Antitrust Improvement Act and is expected to be completed by calendar year-end 2010. Belden will fund the purchase price with cash on hand.