Hubbell Incorporated (NYSE:HUBB) acquired Electro Industries GaugeTech, Inc. for $60 million in the second quarter 2023. Associates from Electro Industries GaugeTech, Inc. join Hubbell.

Hubbell Incorporated (NYSE:HUBB) completed the acquisition of Electro Industries GaugeTech, Inc. in the second quarter 2023. The cash purchase price of approximately $60 million, net of cash acquired, subject to customary purchase price adjustments.