What is the main topic?

The main topic is TE Connectivity's acquisition of Richards Manufacturing for $2.3 billion.

Who is selling Richards Manufacturing?

Richards Manufacturing is being sold by Oaktree Capital Management and members of the Bier family.

How will TE Connectivity finance the acquisition?

The acquisition will be financed through a combination of cash and debt.

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Home > Finance > TE Connectivity to acquire Richards Manufacturing for about $2.3 billion

Finance

TE Connectivity to acquire Richards Manufacturing for about $2.3 billion

Published by Global Banking & Finance Review®

Posted on February 12, 2025

1 min read

Last updated: January 26, 2026

TE Connectivity acquiring Richards Manufacturing for $2.3 billion - Global Banking & Finance Review — This image illustrates TE Connectivity's strategic acquisition of Richards Manufacturing for $2.3 billion, highlighting the growing trends in utility grid investments in the finance sector.

TE Connectivity to acquire Richards Manufacturing for about $2.3 billion

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TE Connectivity to Acquire Richards Manufacturing for $2.3B

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