Hubbell Inc. has reached an agreement to acquire fellow electronics supplier NSI Industries in a deal valued at $3 billion, company officials announced Monday.
Hubbell officials said that NSI’s fittings, connectors and wire management products would complement its existing portfolio of electrical solutions. Hubbell said that NSI anticipated annual revenues of about $570 million in 2026.
“As electrification megatrends drive attractive growth across the electrical industry over the next several years, NSI offers highly complementary products and industry-leading brands to our HES portfolio across strategic growth verticals including light industrial, datacenter and network infrastructure applications,” Hubbell Chairman, President and CEO Gerben Bakker said in a statement.
Sentinel Capital Partners has owned NSI, a provider of fittings, connectors and wire management products, since late 2024. The deal is expected to be completed in “mid-2026.”
