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Hubbell to Acquire NSI for $3B, Expanding Electrical Solutions Portfolio

Utility and electrical solutions manufacturer Hubbell has reached an agreement to acquire electrical components supplier NSI Industries for $3 billion, the company announced May 4. Shelton, CT-based Hubbell said the deal will strengthen its position across electrical and utility end markets by expanding its portfolio of infrastructure-related products. NSI — currently owned by private equity firm Sentinel Capital Partners — manufactures electric…
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Modern Distribution Management broke the news on Tuesday, May 5, 2026.
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