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Hubbell Incorporated Completes Acquisition of DMC Power

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Hubbell (NYSE: HUBB) has successfully completed its acquisition of DMC Power from Golden Gate Capital's affiliate. The acquisition was financed through a combination of a $600 million unsecured term loan facility and commercial paper issuances.

DMC Power specializes in designing and manufacturing connector technology systems for high voltage power infrastructure. The company operates with over 350 employees across two manufacturing facilities in Carson, CA and Olive Branch, MS, along with multiple distribution centers throughout North America.

Hubbell (NYSE: HUBB) ha portato a termine con successo l'acquisizione di DMC Power dalla filiale di Golden Gate Capital. L'operazione è stata finanziata mediante una combinazione di una facilità di finanziamento a termine non garantita da 600 milioni di dollari e emissioni di commercial paper.

DMC Power si occupa di progettare e produrre sistemi di tecnologia di connettori per infrastrutture energetiche ad alta tensione. L'azienda conta oltre 350 dipendenti in due impianti di produzione a Carson, CA e Olive Branch, MS, oltre a molteplici centri di distribuzione in Nord America.

Hubbell (NYSE: HUBB) ha completado con éxito la adquisición de DMC Power de la filial de Golden Gate Capital. La operación se financió mediante una combinación de una línea de crédito a plazo no garantizada de 600 millones de dólares y emisiones de papel comercial.

DMC Power se especializa en diseñar y fabricar sistemas de tecnología de conectores para infraestructuras eléctricas de alta tensión. La empresa cuenta con más de 350 empleados en dos instalaciones de fabricación en Carson, CA y Olive Branch, MS, así como varios centros de distribución en Norteamérica.

Hubbell (NYSE: HUBB)은 Golden Gate Capital의 계열사로부터 DMC Power를 성공적으로 인수했습니다. 인수는 6억 달러 비담보형 기간대출 시설과 상업어음 발행의 조합으로 자금 조달되었으며.

DMC Power는 고전압 전력 인프라를 위한 커넥터 기술 시스템의 설계와 제조를 전문으로 합니다. 이 회사는 카슨(CA)과 올리브 브랜치(MS)의 두 제조시설에서 350명 이상을 고용하고 있으며, 북미 전역에 걸친 여러 유통센터를 운영합니다.

Hubbell (NYSE: HUBB) a mené à bien l'acquisition de DMC Power auprès de l'affilié de Golden Gate Capital. L'opération a été financée par une combinaison d'une facilité de prêt à terme non garantie de 600 millions de dollars et d'émissions de papier commercial.

DMC Power se spécialise dans la conception et la fabrication de systèmes de technologie de connecteurs pour les infrastructures électriques à haute tension. L'entreprise emploie plus de 350 personnes dans deux sites de fabrication à Carson, CA et Olive Branch, MS, ainsi que plusieurs centres de distribution à travers l'Amérique du Nord.

Hubbell (NYSE: HUBB) hat erfolgreich die Übernahme von DMC Power von der Tochtergesellschaft von Golden Gate Capital abgeschlossen. Die Übernahme wurde durch eine Mischung aus einer ungesicherten Term Loan Facility über 600 Mio. USD und Emissionen von Commercial Paper finanziert.

DMC Power ist auf die Gestaltung und Herstellung von Verbindungstechnologie-Systemen für Hochspannungsinfrastrukturen spezialisiert. Das Unternehmen beschäftigt über 350 Mitarbeiter an zwei Fertigungsstandorten in Carson, Kalifornien, und Olive Branch, Mississippi, sowie an mehreren Vertriebszentren in Nordamerika.

هبل (بورصة نيويورك: HUBB) أنهى بنجاح الاستحواذ على DMC Power من فرع Golden Gate Capital. تم تمويل الاستحواذ من خلال مزيج من تسهيل قرض لأجل غير مضمون بقيمة 600 مليون دولار وإصدارات ورقة تجارية.

تتخصص DMC Power في تصميم وتصنيع أنظمة تقنيات الموصلات للبنية التحتية الكهربائية عالية الجهد. الشركة توظف أكثر من 350 موظفاً عبر منشأتين تصنيعيتين في كارسن، كاليفورنيا وأوفيل برانش، ميسيسيبي، إضافة إلى عدة مراكز توزيع في أمريكا الشمالية.

Hubbell(NYSE: HUBB) 已经成功完成对 DMC Power 的收购,该收购来自 Golden Gate Capital 的关联公司。此次收购通过 6亿美元无担保定期贷款设施 与商业票据发行的组合进行融资。

DMC Power 专注于为高压电力基础设施设计和制造连接器技术系统。公司在两处制造基地(卡森,加利福尼亚州; Olive Branch,密西西比州)共 超过350名员工,并在北美多地设有分销中心。

Positive
  • Strategic expansion into high voltage power infrastructure sector
  • Addition of two manufacturing facilities and multiple distribution centers across North America
  • Integration of over 350 skilled employees enhancing operational capabilities
  • Strengthening of connector technology systems portfolio
Negative
  • Significant debt increase with $600 million term loan facility
  • Additional leverage from commercial paper issuances
  • Integration costs and risks associated with merging operations

Shelton, CT, Oct. 01, 2025 (GLOBE NEWSWIRE) -- Hubbell Incorporated (NYSE: HUBB) (“Hubbell”) today announced that it has completed its acquisition of DMC Power, LLC (“DMC Power”) from an affiliate of Golden Gate Capital. 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 $600 million and issuances of commercial paper.

DMC Power is a designer and manufacturer of connector technology systems for high voltage power infrastructure with over 350 employees and two manufacturing facilities in Carson, CA and Olive Branch, MS, along with multiple distribution facilities located across North America.

About Hubbell
Hubbell Incorporated is a leading manufacturer of utility and electrical solutions enabling customers to operate critical infrastructure safely, reliably and efficiently. With 2024 revenues of $5.6 billion, Hubbell solutions electrify economies and energize communities. The corporate headquarters is located in Shelton, CT.


Contact
Dan Innamorato

VP Investor Relations



FAQ

What is the value of Hubbell's acquisition financing for DMC Power?

Hubbell financed the acquisition through a $600 million unsecured term loan facility and commercial paper issuances.

What does DMC Power bring to Hubbell's business operations?

DMC Power brings connector technology systems for high voltage power infrastructure, two manufacturing facilities (in Carson, CA and Olive Branch, MS), multiple distribution facilities across North America, and over 350 employees.

Who was the previous owner of DMC Power before Hubbell's acquisition?

DMC Power was previously owned by an affiliate of Golden Gate Capital before being acquired by Hubbell.

How many employees and facilities does DMC Power have?

DMC Power has over 350 employees and operates two manufacturing facilities in Carson, CA and Olive Branch, MS, plus multiple distribution facilities across North America.

What is DMC Power's main business focus?

DMC Power is a designer and manufacturer of connector technology systems specifically for high voltage power infrastructure.
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