Mergers & Acquisitions ·
On August 2, 2026, Atkore Inc. entered into a definitive Agreement and Plan of Merger with Prysmian S.p.A., under…
ATKRAtkore Inc.
On August 2, 2026, Atkore Inc. entered into a definitive Agreement and Plan of Merger with Prysmian S.p.A., under which Prysmian will acquire all outstanding shares of Atkore common stock in an all-cash transaction valued at approximately $3.8 billion enterprise value. Each share of Atkore stock will be converted into the right to receive $95.00 in cash, representing a premium of approximately 30% to the July 31, 2026 closing price. The merger requires approval by Atkore's shareholders and customary regulatory clearances, including Hart-Scott-Rodino review, with a target closing date by calendar year-end 2026. Atkore’s board unanimously recommended the transaction, which is not subject to financing conditions. Atkore Inc. manufactures electrical infrastructure products for commercial, industrial, data center, and solar applications.