01—Abstract
Summary
Summary of the 8-K filed June 9, 2026. Cited figures are marked; the original filing is the authoritative source.
Hubbell Incorporated completed its acquisition of NSI Industries on June 9, 2026, after entering into a Stock Purchase Agreement dated May 1, 2026 with NSI Buyer, LP.
Hubbell Incorporated (Delaware), a wholly-owned subsidiary, purchased all issued and outstanding capital stock of NSI Industries for $3.0 billiona in cash, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses. The acquisition was funded with net proceeds from a new $900 million unsecured term loan facility, $1.9 billion aggregate principal amount of senior notes, and commercial paper issuances. According to the press release furnished as Exhibit 99.1, NSI Industries is a leading manufacturer and supplier of over 15,000 branded electrical products sold to over 2,000 distributors in North America.
Its brands include Bridgeport fittings, Polaris connectors and Tork timers, and it is headquartered in Huntersville, North Carolina. The filing describes NSI as a provider of electrical fittings, connectors, components and wire management products serving industrial, infrastructure and commercial markets.
Hubbell's press release states that the company had 2025 revenues of $5.8 billionb. The filing does not provide NSI Industries' revenue, earnings or other financial results, nor the expected effect of the acquisition on Hubbell's financial performance.
02—Key points
Key Highlights
- Hubbell completed the acquisition of NSI Industries on June 9, 2026 for $3.0 billion in cash, subject to customary purchase price adjustments.
- The purchase was funded with a $900 million unsecured term loan facility, $1.9 billion of senior notes, and commercial paper issuances.
- NSI Industries manufactures and supplies over 15,000 branded electrical products sold to more than 2,000 distributors in North America.
- NSI brands include Bridgeport fittings, Polaris connectors and Tork timers; the company is headquartered in Huntersville, North Carolina.
- The Stock Purchase Agreement was dated May 1, 2026 and was previously disclosed in an 8-K filed May 4, 2026.
- Hubbell reported 2025 revenues of $5.8 billion, per its press release.
03—Questions
Frequently Asked Questions
What did Hubbell acquire and what did it pay?
Hubbell Incorporated (Delaware), a wholly-owned subsidiary of Hubbell Incorporated, acquired all issued and outstanding capital stock of NSI Industries from NSI Buyer, LP for $3.0 billion in cash, subject to customary adjustments for cash, indebtedness, working capital and transaction expenses.
How was the NSI acquisition financed?
Hubbell used net proceeds from a new $900 million unsecured term loan facility, the issuance of $1.9 billion aggregate principal amount of senior notes, and commercial paper issuances.
What does NSI Industries sell?
According to the press release, NSI Industries is a leading manufacturer and supplier of over 15,000 branded electrical products, including fittings, connectors, components and wire management products, sold to over 2,000 distributors in North America.
Does the filing disclose NSI Industries' financial results or the deal's expected impact?
No. The filing does not state NSI Industries' revenue or earnings, nor does it describe the expected financial effect of the acquisition on Hubbell.
04—Continue