Eaton to acquire 50% stake in jiangsu huineng electric co., ltd.'s circuit breaker business

Dublin--(business wire)--power management company eaton (nyse:etn) today announced it has signed an agreement to acquire 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 and had revenues of $35 million in 2021. “huineng's application-tailored product offerings and manufacturing base in china, combined with eaton's expertise and global channels, will enable us to further expand to mee
ETN Ratings Summary
ETN Quant Ranking