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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. The business includes Snap-N-Seal drop connectors, LRC hardline connectors, Diamond hardware and...


January 1, 2011  


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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. Belden will fund the purchase price with cash on hand.