Hubbell to acquire NSI Industries for $3.0 billion in cash, financed with debt and cash

Filed May 4, 2026 · Period ending May 1, 2026 · ~1 min read

Key Changes

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  Hubbell signed definitive agreement to acquire NSI Industries, a provider of electrical fittings, connectors, and wire management products, for $3.0 billion cash, subject to customary adjustments. Deal targets industrial, infrastructure, and commercial markets.

  Item 1.01: Stock Purchase Agreement verify on EDGAR →
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  Acquisition will be financed with combination of cash-on-hand and new debt. Hubbell secured $2.8 billion bridge loan commitment from JPMorgan, Bank of America, and HSBC to fund purchase and repay NSI's existing debt.

  Item 1.01 & 8.01: Financing verify on EDGAR →
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  Hubbell faces $150 million termination fee if deal fails to close by outside date (8-12 months) due to antitrust approval issues. Deal requires Hart-Scott-Rodino clearance and standard closing conditions.

  Item 1.01: Termination provisions verify on EDGAR →