Thomas & Betts - M&A Summary, Ownership, and Business Overview

Electrical EquipmentCompany

Thomas & Betts M&A Summary

Thomas & Betts has acquired 5 companies of its own. A total of 4 acquisitions came from private equity firms. It has also divested 3 assets.

Thomas & Betts’ largest acquisition to date was in 2010, when it acquired Cable Management Products for $110M. It’s largest disclosed sale occurred in 2014, when it sold Thomas & Betts HVAC Business to Nortek Air Solutions for $260M. Thomas & Betts has acquired in 2 different US states, and 3 countries. The Company’s most targeted sectors include electrical equipment (60%) and technology hardware (20%).

Thomas & Betts Ownership

Who owns Thomas & Betts?

Thomas & Betts is owned by ABB. It was acquired on January 30, 2012.

Thomas & Betts Business Overview

Where is Thomas & Betts headquartered?

Thomas & Betts is headquartered in Memphis, Tennessee.

What sector is Thomas & Betts in?

Thomas & Betts is an electrical equipment company.

When was Thomas & Betts founded?

Thomas & Betts was founded in 1898.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity5
    • M&A Sell Activity3
  • Total Sectors Invested 3
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 7

Thomas & Betts Corp.

8155 T&B Boulevard,
Memphis, Tennessee 38125
United States,
(901) 252-8000
www.tnb.com

Thomas & Betts is a designer and manufacturer of connectors and components for electrical and communication markets.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 5 - - - - - 5
vol $281M $281M
Sell (0.0/yr) # 3 - - - - - 3
vol $522M $522M
  8

Most Recent M&A

Company Date Value Type
Thomas & Betts HVAC Business 2014-04-30 260M USD Divestiture
, United States
Thomas & Betts Communications Products Business 2010-11-11 78M USD Divestiture
, United States
Cable Management Products Ltd. 2010-10-01 110M USD Add-on Acquisition
Birmingham, United Kingdom · www.cm-products.co.uk
PMA AG 2010-02-23 96M EUR Add-on Acquisition
Uster, · www.pma.ch
The Homac Manufacturing Co. 2008-01-17 75M USD Add-on Acquisition
Ormond Beach, Florida · www.homac.com
W.J. Furse & Co. Ltd. 1998-06-01 - Add-on Acquisition
Nottinghamshire, United Kingdom · www.furse.com
Diamond Communication Products, Inc. 1997-08-05 - Add-on Acquisition
Westfield, New Jersey
Vitramon, Inc. 1994-01-01 184M USD Divestiture
Monroe, Connecticut
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Electrical Equipment 3 (60%) 185M (66%) - -
Engineering 1 (20%) 96M (34%) - -
Technology Hardware 1 (20%) - - -
Building Materials - - 1 (33%) 260M (50%)
Communications - - 1 (33%) 78M (15%)
Semiconductors - - 1 (33%) 184M (35%)
Total 5 $281M 3 $522M

By Geo

State/Country Buy Value Sell Value
United States 2 75M 3 522M
  New Jersey 1 - - -
  Florida 1 75M - -
  Connecticut - - 1 184M
United Kingdom 2 110M - -
1 96M - -
Domestic 2 (40%) 75M (27%) 3 (100%) 522M (100%)
Cross-border 3 (60%) 206M (73%) - -
Total 5 $281M 3 $522M

Deal Values

buy # Total
$100M to $1B 1 $110M
< $100M 2 $171M
TOTAL $281M
Largest Cable Management Products Ltd.
$110M (2010-10-01)
sell # Total
$100M to $1B 2 $444M
< $100M 1 $78M
TOTAL $522M
Largest Thomas & Betts HVAC Business
$260M (2014-04-30)

M&A Connections

Deals
Acquired from
Investor(s)
80%
4 (80%)
Divested to
Strategic(s)
100%
3 (100%)

Company Summary

SECTOR

Electrical Equipment

Established

1898

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