Who bought Eaton in Van Wert?
The acquisition marks a major milestone in the company’s history and its Going Great strategy. Danfoss today announced that it has entered into an agreement to acquire Eaton’s Hydraulics business for a cash purchase price of 3.3 billion USD (approximately 3.0 billion EUR).
What does Eaton Corporation do?
Eaton Corporation plc (Eaton) is a power management company. The Company provides solutions that help its customers manage electrical and mechanical power. Its segments include Electrical Products, Electrical Systems and Services, Aerospace, Vehicle and eMobility.
Who is buying Eaton?
Danfoss A/S
Dublin, Ireland … Power management company Eaton (NYSE:ETN) today announced it has completed the sale of its Hydraulics business to Danfoss A/S, a Danish industrial company.
What is Eaton known for?
We are a power management company made up of approximately 85,000 employees, doing business in more than 175 countries. Our energy-efficient products and services help our customers effectively manage electrical, hydraulic and mechanical power more reliably, efficiently, safely and sustainably.
What is Eaton most known for?
Eaton is a global technology leader in electrical components and systems for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and …
Who purchased Eaton?
Did Eaton sell Aeroquip?
Eaton Corporation (NYSE:ETN) and Aeroquip-Vickers, Inc. (NYSE:ANV) today jointly announced that Eaton will acquire all of the outstanding common shares of Aeroquip-Vickers for $58 per share in cash, or approximately $1.7 billion.
Did Danfoss acquire Eaton?
Danfoss has officially finalized its US$3.3 billion (approximately €3 billion) acquisition of Eaton’s hydraulics business following confirmation of all necessary regulatory approvals and closing conditions.
Was Eaton bought out?
Dublin, Ireland … Power management company Eaton (NYSE:ETN) today announced it has completed the sale of its Hydraulics business to Danfoss A/S, a Danish industrial company.