M&A Deal Summary

Mueller Industries Acquires Nehring Electrical Works

On April 22, 2024, Mueller Industries acquired metals/mining company Nehring Electrical Works for 575M USD

Acquisition Highlights
  • This is Mueller Industries’ 3rd transaction in the Metals/Mining sector.
  • This is Mueller Industries’ largest (disclosed) transaction.
  • This is Mueller Industries’ 8th transaction in the United States.
  • This is Mueller Industries’ 2nd transaction in Illinois.

M&A Deal Summary

Date 2024-04-22
Target Nehring Electrical Works
Sector Metals/Mining
Buyer(s) Mueller Industries
Deal Type Add-on Acquisition
Deal Value 575M USD

Target

Nehring Electrical Works

DeKalb, Illinois, United States
Nehring Electrical Works produces high-quality wire and cable solutions for the utility, telecommunication, electrical distribution, and OEM markets. Nehring Electrical Works was founded in 1912 and is based in DeKalb, Illinois.

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Buyer(S) 1

Buyer

Mueller Industries

Memphis, Tennessee, United States

Category Company
Founded 1917
Sector Metals/Mining
Employees4,509
Revenue 3.4B USD (2023)
DESCRIPTION

Mueller Industries is a manufacturer of copper tube and fittings; brass and copper alloy rod, bar and shapes; aluminum and brass forgings; aluminum and copper impact extrusions; plastic fittings and valves; refrigeration valves and fittings; and fabricated tubular products. Mueller Industries was founded in 1917 and is based in Memphis, Tennessee.


DEAL STATS #
Overall 12 of 13
Sector (Metals/Mining) 3 of 3
Type (Add-on Acquisition) 10 of 10
State (Illinois) 2 of 2
Country (United States) 8 of 9
Year (2024) 1 of 2
Size (of disclosed) 1 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-28 Fabricated Tube Products

Carthage, Tennessee, United States

Fabricated Tube Products manufactures copper and aluminum headers, distributor assemblies, and manifolds in the United States and Mexico for the HVAC sector. Fabricated Tube Products is based in Carthage, Tennessee.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2024-08-06 Elkhart

Elkhart, Indiana, United States

Elkhart is a manufacturer of screw machine products. Elkhart includes three production facilities in the USA and an extensive sales network in the USA and Canada. Elkhart was founded in 1940 and is based in Elkhart, Indiana.

Buy -