Coffee Break / Thomas & Betts Buys Cable Firm

Summary


Memphis-based Thomas & Betts Corp. has acquired the Cable Management Group, a global maker of cable protection systems used by the industries and construction companies, for $110 million, Thomas & Betts officials announced Monday.

Cable Management Group, which has its headquarters in England, reported sales of about $44 million for its last fiscal year.

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Extract


Coffee Break / Thomas & Betts Buys Cable Firm

CMG makes a range of metal and nonmetal flexible conduit and fitting systems used to protect power and data systems ...

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