MDM-Podcasts-launch
Need Help? (888) 742-5060

In The News:

Hubbell Acquires Aclara Technologies

Hubbell Inc. (NYSE: HUBA, HUBB), Shelton, CT, has completed the acquisition of Aclara Technologies LLC, an affiliate of Sun Capital Partners Inc.

Aclara's business units will be managed under Hubbell's Power segment. Aclara offers a comprehensive suite of solutions, including advanced metering infrastructure, meters and edge devices, software, and installation services.

Hubbell financed the acquisition and related transactions with net proceeds from borrowings under a new unsecured term loan facility in the aggregate principal amount of $500 million, the issuance of 3.5 percent senior notes due 2028 in the aggregate principal amount of $450 million and issuances of commercial paper.

© 2019 Gale Media, Inc.

Please do not reprint MDM's content on your website without MDM's express permission as it is copyrighted material. To gain permission, email us, or call 1-888-742-5060. For information on PDF or print reprints, visit www.mdm.com/reprints. MDM welcomes inbound links from your site. Please cite Modern Distribution Management.

2018-top-distributors-listThe 2018 Top Distributors List

This free PDF includes lists of top distribution companies across 14 sectors.

You will also receive MDM Update, our daily distribution e-newsletter & other distribution-focused content.

Download the Free PDF now >>


MDM-UpdateMDM Update: Daily Newsletter 

Sign up to read the best source for news & trends in wholesale distribution, MDM Update. Delivered daily to your inbox. 

Sign-up for MDM Update >>

Partner Center