Hubbell Inc. Finalizes Acquisition of DMC Power from Golden Gate Capital
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Hubbell Incorporated has completed its acquisition of DMC Power, LLC from Golden Gate Capital. The acquisition was financed through a $600 million unsecured term loan and commercial paper issuances. DMC Power specializes in connector technology systems for high voltage power infrastructure and has over 350 employees across its manufacturing facilities in California and Mississippi, along with multiple distribution centers in North America.
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