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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Hubbell Incorporated | NYSE:HUBB | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
12.39 | 3.09% | 413.00 | 413.63 | 401.75 | 402.32 | 346,289 | 01:00:00 |
We are pleased to announce that on Monday, December 9, Hubbell Power Systems, Inc. (HPS) acquired Cantega Technologies and its associated brands, GreenJacket, Reliaguard and Cantega RTS. Cantega joins the Hubbell Power Systems Group, led by Group President Allan Connolly.
Founded in 2001, Cantega is known for innovative animal mitigation solutions and services. They will be part of the Power Systems Division led by Division President Mark Mikes.
“Cantega is a natural addition to the Hubbell family as their products and people are of the highest quality and uncompromising integrity,” remarked Mark. “Asset protection is a growing need in the industry and essential to our growth. I am pleased to welcome them to the team and look forward to taking the industry further, together.”
About Hubbell Power Systems, Inc.
Hubbell Power Systems, Inc. (HPS) is a subsidiary of Hubbell Incorporated and an international manufacturer of quality transmission, distribution, substation, OEM and telecommunications products for a broad range of non-residential and residential construction and electric, gas and water utility applications. HPS operates manufacturing facilities in the United States and around the world. The HPS headquarters is located in Columbia, South Carolina.
ABOUT Cantega
Cantega was founded in 2001 by Marty Niles, a power lineman with more than 25 years of experience in the electric utility industry. Today, Cantega is a rapidly growing company protecting more than 700 substations across North America from animal-related outages. Cantega is located in Edmonton, Alberta, Canada and Foothills Ranch, California.
View source version on businesswire.com: https://www.businesswire.com/news/home/20191218005147/en/
Alicia DiGennaro Hubbell Incorporated Email: adigennaro@hubbell.com Tel: 475 882-4115
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