Announced
Completed
Financials
Tags
United States
Electronic Components and Equipment
Majority
Completed
Friendly
multi-tap connectors
Acquisition
Private
Single Bidder
Synopsis
NSI Industries, a provider of electrical products, completed the acquisition of Polaris Electrical Connectors, a manufacturer of insulated electrical connectors. Financial terms were not disclosed. “The acquisition of Polaris further accelerates our growth as an electrical products company focused on providing innovative, profitable and quality solutions to our distributor partners, in multiple markets. Polaris is one of the most well recognized and respected brands in the industry and their product portfolio is completely complementary to our electrical solutions and together we have the ability to successfully serve all of our markets with a more comprehensive set of solutions,” G. R. Schrotenboer, NSI Industries CEO.
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