Mueller Industries to Acquire Nehring Electrical Works for $600 Million

Mueller Industries Inc. (MLI) has announced the acquisition of Nehring Electrical Works Company and its affiliates for approximately $600 million, including a $25 million earn-out. Nehring is a leading manufacturer of wire and cable solutions, with annual net sales of $400 million in 2023. This acquisition expands Mueller’s presence in the electrical and power infrastructure market and is expected to be accretive to its 2024 financial results.

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