Eaton acquires 49% stake in jiangsu ryan electrical co. ltd.

Dublin--(business wire)--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. “the powerful combination of ryan's high-quality products and eaton's global distribution will enable us to better serve customers in asia pacific and around the world,” said howa.
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