07:46 AM EDT, 08/12/2025 (MT Newswires) -- Hubbell (HUBB) announced on Tuesday that it has signed a definitive agreement to acquire DMC Power, a provider of connectors and tooling for utility transmission markets, for $825 million. The deal is expected to close by the end of 2025.

Hubbell said it plans to finance the transaction using existing cash and debt.

The acquisition is anticipated to be accretive to Hubbell's adjusted earnings in 2026, the company said.

DMC Power anticipates revenue of about $130 million in 2026, Hubbell added.