COLLIERVILLE, Tenn.–(BUSINESS WIRE)–Mueller Industries, today announced that it has completed its acquisition of Nehring Electrical Works Company and certain of its affiliated companies. 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 transmission; medical; aerospace and automotive. It includes a network of companies and brands throughout North America, Europe, Asia, and the Middle East