Hubbell Grows Power Business Through Three Acquisitions

摘要

Hubbell Power Systems (Orange, Connecticut, U.S.) has acquired USCO Power Equipment Corp., CDR Systems Corp. and ElectroComposites Inc. Financial terms of the deals were not disclosed. "USCO, CDR and ElectroComposites are an outstanding fit with Hubbell's power business," said Timothy H. Powers, chairman, president and CEO of Hubbell. "They offer well-recognized brands consistent with Hubbell's reputation for quality products. The product lines extend our business in the power segment to more fully service our customer base, both domestically and internationally, and will generate growth in this attractive segment."