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Mueller Electric Company Acquired by Desco Corporation
2011-12-27 CTSS
Mueller Electric Company (www.muellerelectric.com) announced its acquisition by Desco Corporation (www.descocorporation.com) in an all-cash deal, along with plans to continue its Akron, Ohio, USA-based operations and sales growth plans into the foreseeable future.
With more than 100 years of successful market innovation, Mueller Electric Company has its industry origins as the inventor of the “Alligator Clip”, a must-have for testing requirements. The company has since expanded its product portfolio, both organically and via acquisition (i.e., J.S. Popper, Crane Connectors) into additional types of electrical testing clips, test leads, test accessories, board-to-board connectors and custom cable assemblies. All product technologies are sold either directly to qualifying manufacturers, or through some of the industry’s leading authorized distributors, including Allied Electronics, Digi-Key Corporation, Electrosonic, McMaster, Newark, RS Components, RS Electronics and Selecta.