Atkore Inc. Announces Acquisition of Talon Products, LLC
Atkore Inc. (“Atkore”), today announced the acquisition of the assets of Talon Products, LLC, a provider of patented, non-metallic, injection molded cable cleats for use in power distribution applications. Sold as Talon® Cable Cleats, the product supports and holds electrical cables when installed at intervals along the length of cable. Additionally, the cleats secure cables and minimize movement in the event of a short circuit or other emergency. The Talon Cable Cleat easily mounts on ladder-type cable trays, framing channel strut or structural surfaces without cumbersome mounting brackets, providing a lower total installed cost. (www.hugtherung.com).
“The acquisition of Talon Products seamlessly integrates with Atkore’s existing product portfolio to provide a robust solution for cable management needs,” commented Mark Lamps, President of Atkore’s Safety & Infrastructure business. “Talon Cable Cleats are an innovative product that is non-magnetic, non-conductive, and resistant to oils, heat, UV, moisture and corrosion. We’re proud to offer this high-quality product, which has a vital role in helping improve worker safety and limiting equipment damage during a short circuit event.”
Talon Products is a small business headquartered in Hammond, Louisiana and will continue operating at its current location. Terms of the sale are undisclosed.
About Atkore Inc.
Atkore is forging a future where our employees, customers, suppliers, shareholders and communities are building better together – a future focused on serving the customer and powering and protecting the world.
With a global network of manufacturing and distribution facilities worldwide, Atkore is a leading provider of electrical, safety and infrastructure solutions.
To learn more, please visit at www.atkore.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20220519006048/en/
Atkore International Group Inc Aktie
Atkore International Group Inc ist derzeit einer der Favoriten unserer Community mit 8 Buy-Einschätzungen und keiner einzigen Sell-Einschätzung.
Das von der Community festgelegte Kursziel für Atkore International Group Inc von 154 € impliziert eine deutliche Steigerung gegenüber dem aktuellen Kurs von 80.66 €.