William Blair acted as the exclusive financial advisor to Nehring Electrical Works Company (Nehring) in connection with its pending sale to Mueller Industries, Inc. (Mueller). The transaction signed on April 19, 2024.
About the Companies
Founded in 1912 and headquartered in DeKalb, Illinois, Nehring is a leading manufacturer of wire and cable products for the utility, telecommunication, electrical distribution, and OEM markets. Offering a wide range of copper and aluminum products, the company is an approved supplier, and recognized leader to nearly every utility, REA, municipality, and telecommunications company in the United States. Nehring manufactures and markets bare, tinned, and insulated copper and aluminum wire, ACSR, AAC, ACSS, AAAC, aluminum-clad steel, ACSR/AW, ACSS/AW, copper-clad steel, building wire, underground power cables, ground rods and medium voltage cables.
Based in Collierville, Tennessee, Mueller is a leading manufacturer of copper, brass, aluminum, and plastic products. The company manufactures a wide range of products: copper tube and fittings, line sets, steel nipples, brass rod, bar, and shapes, aluminum and brass forgings, aluminum impact extrusions, compressed gas valves, refrigeration valves and fittings, pressure vessels, coaxial heat exchangers, and insulated flexible duct systems. Those products support critical infrastructure and serve a broad range of industries including plumbing, heating, ventilation, air conditioning and refrigeration (HVACR), industrial manufacturing, appliance, transportation, medical, military and defense and electrical. Mueller operates locations throughout the United States as well as Canada, Mexico, Great Britain, South Korea, the Middle East, and China.
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