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Stock impact report

Mueller Industries, Inc. Completes Acquisition of Nehring Electrical Works Company [Yahoo! Finance]

Mueller Industries, Inc. (MLI) 
Last mueller industries, inc. earnings: 2/4 07:00 am Check Earnings Report
US:NYSE Investor Relations: muellerindustries.com/investors
Company Research Source: Yahoo! Finance
Nehring Electrical Works Company and certain of its affiliated companies (collectively, "Nehring"). Founded in 1912 and headquartered in DeKalb, Illinois, Nehring produces high-quality wire and cable solutions for the utility, telecommunication, electrical distribution, and OEM markets. The acquisition of Nehring provides a substantial platform for long-term growth in the electrical and power infrastructure space, and complements the other critical infrastructure sectors already supported by Mueller. This transaction aligns with Mueller's acquisition strategy to target high-quality businesses with leading market positions, attractive margin and cash flow profiles and strong management teams. The current Nehring team, including management, will remain in place. Mueller Industries, Inc. (NYSE: MLI) is an industrial corporation whose holdings manufacture vital goods for important markets such as air, water, oil and gas distribution; climate comfort; food preservation; energy transmis Show less Read more
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