InterOcean’s Electrical Products Market Update highlights the continued strength in the sector and the high level of M&A activity among electrical products manufacturers. Sector demand is being fueled generally by growth in the overall economy, influenced specifically by building construction and general manufacturing. Furthermore, growth in the digitization and interconnectivity of durable goods is driving demand for electronics and electrical products that enable and support these technologies. The availability of capital, strong public equity markets and rising valuations are driving interest in M&A. InterOcean believes that unprecedented opportunity exists today for electrical products companies to take advantage of these favorable market conditions.
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