Yes, Hubbell Incorporated acquired Burndy in 2009.
This strategic acquisition significantly expanded Hubbell's market presence and product offerings. The integration of Burndy's expertise brought substantial benefits, particularly in specialized areas crucial for infrastructure development and maintenance.
Key Aspects of the Acquisition
The acquisition of Burndy by Hubbell was a notable event that enhanced Hubbell's capabilities and market reach. Here's a breakdown of its impact:
- Year of Acquisition: The transaction took place in 2009.
- Strategic Expansion: Burndy's strong position in specific markets allowed Hubbell to broaden its portfolio. This included:
- High-voltage connectors: Essential components for secure and efficient electrical connections.
- Tooling: Specialized tools used in conjunction with high-voltage connectors for installation and maintenance.
- Target Market Enhancement: The acquisition most significantly bolstered Hubbell's offerings within the market for electric utility transmission and distribution operations. This sector relies heavily on robust and reliable connection solutions to ensure the flow of electricity to homes and businesses.
By integrating Burndy, Hubbell strengthened its position as a comprehensive provider of electrical and utility solutions, offering a wider range of products and services to its customers. The legacy of Burndy continues under the Hubbell umbrella, contributing to advancements in electrical connectivity and infrastructure.
For more information on Burndy's history and its integration with Hubbell, you can visit the Our History section on Hubbell's Burndy website.
