Mueller industries, inc. agrees to acquire nehring electrical works company

Collierville, tenn.--(business wire)--mueller industries, inc. (nyse: mli) today announced that it has entered into a definitive agreement to acquire nehring electrical works company and certain of its affiliated companies (collectively, “nehring”) for approximately $575 million, subject to customary purchase price adjustments, plus an additional $25 million earn out. founded in 1912 and headquartered in dekalb, illinois, nehring produces high-quality wire and cable solutions for the utility, t.
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