Hubbell to Acquire NSI Industries
Hubbell Incorporated is acquiring NSI Industries in a $3.0 billion transaction expected to be accretive to Hubbell's adjusted operating margins and long-term organic growth. The acquisition is anticipated to close in mid-2026, subject to regulatory approval.
Hubbell Incorporated is acquiring NSI Industries, a leading manufacturer and supplier of electrical products, in a $3.0 billion transaction. The acquisition is expected to enhance Hubbell's Electrical Solutions portfolio with complementary product offerings. NSI Industries anticipates 2026 revenue of approximately $570 million. Hubbell expects the acquisition to be accretive to adjusted EPS in 2026. The transaction is anticipated to close in mid-2026, subject to regulatory approval. Hubbell plans to finance the transaction with a combination of cash on hand and debt.
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