---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-107191"
form_type: "8-K"
ticker: "MLI"
cik: "0000089439"
company_name: "MUELLER INDUSTRIES INC"
filed_at: "2024-04-23T23:59:59+00:00"
generated_at: "2026-06-03T13:15:04.066522+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Mueller Industries acquires Nehring Electrical Works for ~$575M cash plus $25M earnout

## Summary
- Purchase price ~$575M cash, subject to customary adjustments, plus $25M earnout.
- Nehring had ~$400M net sales for twelve months ended Dec 31, 2023.
- Acquisition expected to close Q2 2024, conditional on regulatory approval and customary conditions.
- Deal funded with cash on hand; Mueller expects accretion to 2024 financial results.
- Nehring serves utility, telecom, electrical distribution, and OEM markets with wire and cable solutions.

## SEC filing metadata
- accession: 0001193125-24-107191
- form_type: 8-K
- ticker: MLI
- cik: 0000089439
- company_name: MUELLER INDUSTRIES INC
- filed_at: 2024-04-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 1.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/89439/000119312524107191/0001193125-24-107191-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/89439/000119312524107191/d818659d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-107191
- JSON: https://secwatch.observer/filing/0001193125-24-107191.json
- Plain text: https://secwatch.observer/filing/0001193125-24-107191.txt

## Key facts
- Material Agreements
  MUELLER INDUSTRIES INC entered into Equity Purchase Agreement with Raymond Hott, Melissa Spellman, The Melissa W. Spellman Trust DTD 9/28/12, Renee Kozin, Julie Hott, Rebecca Hott, Nehring Electrical Works Company and certain affiliated entities valued at approximately $575 million in cash (effective 2024-04-19).
  - Action: entry
  - Agreement: equity purchase
  - Counterparty: Raymond Hott, Melissa Spellman, The Melissa W. Spellman Trust DTD 9/28/12, Renee Kozin, Julie Hott, Rebecca Hott, Nehring Electrical Works Company and certain affiliated entities
  - Value: approximately $575 million in cash
  - Effective: 2024-04-19
  source text: On April 19, 2024, Mueller Industries, Inc. (the “Buyer”) entered into an Equity Purchase Agreement (the “Purchase Agreement”) with (i) Raymond Hott, Melissa Spellman, The Melissa W. Spellman Trust DTD 9/28/12, Renee Kozin, Julie Hott and Rebecca Hott (the “Sellers”), (ii) Nehring Electrical Works Company (“Nehring”) and (iii) certain of Nehring’s affiliated entities (collectively with Nehring, the “Companies”) providing for the purchase by the Buyer and the sale by the Sellers of all of the outstanding equity interests (the “Purchased Equity”) of the Companies.
  evidence_url: https://www.sec.gov/Archives/edgar/data/89439/000119312524107191/0001193125-24-107191-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.