Hubbell agrees to buy NSI Industries for $3 billion cash

Hubbell Incorporated

Hubbell Incorporated

HUBB

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  • Hubbell agreed to buy NSI Industries from Sentinel Capital Partners for USD 3 billion in cash, with closing targeted for mid-2026.
  • Deal adds electrical fittings, connectors, components, wire-management products, expanding Hubbell Electrical Solutions exposure to light industrial, datacenters, network infrastructure.
  • NSI forecast 2026 revenue about USD 570 million; purchase price equates to about 15.5x anticipated 2026 EBITDA.
  • Financing planned through cash on hand, debt, fully committed bridge facilities; transaction expected to be accretive to adjusted EPS in 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hubbell Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202605040730PRIMZONEFULLFEED9712116) on May 04, 2026, and is solely responsible for the information contained therein.