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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 Stock

€78.70
1.170%
There is an upward development for Atkore International Group Inc compared to yesterday, with an increase of €0.90 (1.170%).
With 9 Buy predictions and not the single Sell prediction the community is currently very high on Atkore International Group Inc.
As a result the target price of 148 € shows a very positive potential of 88.06% compared to the current price of 78.7 € for Atkore International Group Inc.
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