ETN - Mergers and acquisitions

Boyd Thermal's leading-edge liquid-cooling solutions boost Eaton's leadership position as an end-to-end solution provider to data center customers around the world Proven engineering and customer-driven development expertise will further enable Eaton to support rapid, reliable deployments Critical capabilities in aerospace thermal management technology augment Eaton's solutions Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of the Boyd Thermal business of Boyd Corporation from Goldman Sachs Asset Management. Boyd Thermal is a leader in thermal components, systems and ruggedized solutions for data centers, aerospace and other

Transaction strengthens Eaton's position and ability to accelerate enhanced offerings for aerospace customers Expecting accretive margins and growth Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Ultra PCS Limited from the Cobham Ultra Group. Ultra PCS's innovative solutions for safety and mission critical aerospace systems supplement Eaton's portfolio for both military and civilian aircraft. Under the terms of the agreement, Eaton paid $1.55 billion for Ultra PCS. "With trusted products and innovative technology tailored to critical aerospace platforms, the addition of Ultra PCS enhances our mission systems offerings and s

Expands Eaton's presence in growing market for modular solutions for multi-tenant and hyperscale data center customers Acquisition provides differentiated offering in fast-growing markets Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Fibrebond, a designer and builder of pre-integrated modular power enclosures. Under the terms of the agreement, Eaton paid $1.4 billion for Fibrebond, which is expected to generate $110 million of estimated 2025 adjusted EBITDA. Eaton expects the deal will be neutral from an earnings per share standpoint in 2025. This press release features multimedia. View the full release here: https://www.busin

Marks further expansion into continuous thermal monitoring, improving safety and reliability of critical electrical equipment in key markets like data centers Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Exertherm, a privately owned, U.K.-based provider of thermal monitoring solutions for electrical equipment. "Exertherm is a company known for innovative technology and trusted solutions for data centers and other applications," said Mike Yelton, president, Americas Region, Electrical Sector. "We look forward to the opportunity to integrate thermal monitoring solutions more broadly into our Brightlayer software suites. This w

Accelerates Eaton's growth in the renewable energy, data center, utility and industrial markets Intelligent power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of a 49% stake in Jiangsu Ryan Electrical Co. Ltd. (Ryan), a manufacturer of power distribution and sub-transmission transformers in China with revenues of approximately $100 million in 2022. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230424005277/en/Eaton acquires 49% stake in Jiangsu Ryan Electrical Co. Ltd. (Photo: Business Wire) "The powerful combination of Ryan's high-quality products and Eaton's global distribution will

Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of a 50% stake in the circuit breaker business of Jiangsu Huineng Electric Co., Ltd. (Huineng), which manufactures and markets low-voltage circuit breakers in China. "This strategic relationship marks an important milestone in Eaton's growth strategy," said Howard Liu, president, Asia-Pacific Region, Electrical Sector, Eaton. "The combination of application-tailored products with our global distribution channels positions us to capitalize on opportunities in high-growth market segments such as renewable energy, grid modernization, commercial buildings and industrial." Jiangsu Huineng Electric Co., L

Portfolio addition positions Eaton to capitalize on electrification trends across multiple high-growth markets Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components used in electric vehicle, energy management, industrial and mobility markets. Under the terms of the agreement, Eaton paid $600 million for Royal Power Solutions, which represents approximately 13.6 times the company's estimated 2022 EBITDA. "Growth opportunities tied to the electrification of our economy are accelerating, and Eaton is fully participating through our mobility and elect

Agreement expands Eaton's power distribution portfolio in the Asia-Pacific market Positions Eaton to better serve customers in high-growth data center and premier commercial markets Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of a 50 percent stake in Jiangsu YiNeng Electric's busway business, which manufactures and markets busway products in China and had sales of $60 million in 2020. "This strategic agreement with YiNeng marks an exciting milestone for both of our companies," said Howard Liu, president, Asia-Pacific Region, Electrical Sector and Corporate China, Eaton. "The combination of YiNeng's busway capabilities and strong presence

Move expands Eaton Aerospace's fuel systems offerings Eaton continues portfolio repositioning for higher growth, stronger margins and more consistent performance Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Cobham Mission Systems. Cobham is a leading manufacturer of air-to-air refueling systems, environmental systems, and actuation, primarily for defense markets. The business has a workforce of approximately 2,000 people and manufacturing facilities in the United States and United Kingdom. "We're excited to welcome the Cobham team to Eaton," said Heath Monesmith, president and chief operating officer, Industrial Sector, Eaton. "This acq

DUBLIN--(BUSINESS WIRE)--Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of a 50 percent stake in HuanYu High Tech, a subsidiary of HuanYu Group that manufactures and markets low-voltage circuit breakers and contactors in China, and throughout the Asia-Pacific region. “Our partnership with HuanYu Group represents an exciting opportunity for both companies,” said Howard Liu, president, Asia-Pacific Region, Electrical Sector and Corporate China, Eaton. “HuanYu High Tech’s strong product portfolio and manufacturing capabilities, combined with Eaton’s global scale and access to the broader Southeast Asian market, will enable us to grow our l

DUBLIN--(BUSINESS WIRE)--Power management company Eaton (NYSE:ETN) today announced it has acquired Green Motion SA, a leading designer and manufacturer of electric vehicle charging hardware and related software. Green Motion is based in Switzerland. “Energy transition around the world is rapidly gathering momentum, and Eaton is well positioned to contribute to society and benefit from this important trend,” said Uday Yadav, president and chief operating officer, Electrical Sector, Eaton. “Electric vehicle charging infrastructure is among the areas where we expect to see significant growth over the next decade. Green Motion’s proven charger designs and its advanced power and billi

DUBLIN--(BUSINESS WIRE)--Power management company Eaton (NYSE:ETN) today announced it has completed the acquisition of Tripp Lite. Headquartered in Chicago, Illinois, Tripp Lite is a leading supplier of power quality products and connectivity solutions including single-phase uninterruptible power supply systems, rack power distribution units, surge protectors, and enclosures for data centers, industrial, medical and communications markets in the Americas. “I am delighted to welcome the Tripp Lite team to Eaton,” said Uday Yadav, president and chief operating officer, Electrical Sector, Eaton. “The addition of Tripp Lite’s complementary product offerings will enhance the breadth