M&A Deal Summary

Thomas & Betts Acquires The Homac Manufacturing

On January 17, 2008, Thomas & Betts acquired electrical equipment company The Homac Manufacturing for 75M USD

Acquisition Highlights
  • This is Thomas & Betts’ 2nd transaction in the Electrical Equipment sector.
  • This is Thomas & Betts’ 3rd largest (disclosed) transaction.
  • This is Thomas & Betts’ 2nd transaction in the United States.
  • This is Thomas & Betts’ 1st transaction in Florida.

M&A Deal Summary
Date 2008-01-17
Target The Homac Manufacturing
Sector Electrical Equipment
Buyer(s) Thomas & Betts
Deal Type Add-on Acquisition
Deal Value 75M USD
Advisor(s) InterOcean Advisors (Financial)

Target

The Homac Manufacturing

Ormond Beach, Florida, United States
The Homac Manufacturing Company is a manufacturer of components used in utility distribution and substation markets, as well as industrial and telecommunications markets.

Search 201,429 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

Thomas & Betts

Memphis, Tennessee, United States
Category Company
Founded 1898
Sector Electrical Equipment
DESCRIPTION

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

DEAL STATS #
Overall 3 of 5
Sector (Electrical Equipment) 2 of 3
Type (Add-on Acquisition) 3 of 5
State (Florida) 1 of 1
Country (United States) 2 of 2
Year (2008) 1 of 1
Size (of disclosed) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1998-06-01 W.J. Furse

Nottinghamshire, United Kingdom

W J Furse was part of East Midlands Electricity and a manufacturer of lightning protection systems. The company was divested by its parent in December 1995 as part of its programme to dispose of non-core businesses.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2010-02-23 PMA AG

Uster,

PMA AG is a international manufacturer of technologically advanced, high-quality cable protection systems.

Buy €85M
Mergr

Product

Company

Legal