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Eaton Acquires Royal Power Solutions

PUBLIC · ETNJan 05, 2022

Acquiring Company

Eaton

Acquired Company

Royal Power Solutions

ManufacturingEnergyOil And GasArtificial IntelligenceRenewable EnergyAerospaceData CenterInvesting

Description

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.

Quick answer

Eaton is acquiring Royal Power Solutions, announced January 5, 2022.

How much did Eaton pay for Royal Power Solutions?
The deal value was not disclosed.
What does Eaton do?
Eaton Corporation is a multinational power management company.
Who are the decision-makers at Eaton?
Fundz holds 3 contacts at Eaton. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Eaton

About

Eaton Corporation is a multinational power management company. The company provides energy-efficient solutions that help its customers effectively manage electrical, hydraulic and mechanical power. Eaton operates across various sectors, including transportation, residential, and data centers.

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Frequently asked

Who acquired Royal Power Solutions?

Royal Power Solutions was acquired by Eaton. The deal was reported on January 5, 2022. Eaton Corporation is a multinational power management company. The company provides energy-efficient solutions that help its customers effectively manage electrical, hydraulic and mechanical power. Eaton is publicly traded (ETN) and operates in Manufacturing.

When did Eaton acquire Royal Power Solutions?

Eaton's acquisition of Royal Power Solutions was reported on January 5, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Royal Power Solutions do?

With 80 years & counting of experience, Royal Power Solutions is the global leader in power distribution & transmission. Visit us for your connector needs It is privately held.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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