TE Connectivity Completes Acquisition of Richards Manufacturing

TE Connectivity Completes Acquisition of Richards Manufacturing

TE Connectivity completed the previously announced acquisition of Richards Manufacturing Co.

Richards is a North American leader in utility grid products, including underground distribution equipment. The acquisition will enable TE to capitalize on the region’s grid replacement and upgrade cycle, strengthening its leadership in serving utilities and other energy customers around the world.

The acquired business will continue to be run by the Richards management team, ensuring business continuity as it integrates with TE.