TE Connectivity to acquire Richards Manufacturing to expand position in fast-growing energy market

GALWAY, Ireland, Feb. 12, 2025 /PRNewswire/ — TE Connectivity plc (NYSE: TEL), a world leader in connectors and sensors, has entered into a definitive agreement to acquire Richards Manufacturing Co. from funds managed by Oaktree Capital Management, L.P. and members of the Bier family,…