TE Connectivity (TEL) to acquire Richards Manufacturing
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TE Connectivity to acquire Richards Manufacturing to expand position in fast-growing energy market
February 12, 2025 6:45 AM ESTGALWAY, Ireland, Feb. 12, 2025 /PRNewswire/ --Â TE Connectivity plc (NYSE: TEL), a world leader in connectors and sensors, has entered into a definitive agreement to acquire Richards Manufacturing Co. from funds managed by Oaktree Capital Management, L.P. and members of the Bier family, long-standing owners and leaders of the business. The transaction will strengthen TE's position in serving electrical utilities in... More
