Eaton - M&A Summary and Business Overview

Electrical EquipmentCompany

Eaton M&A Summary

Eaton has acquired 60 companies, including 10 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 11 assets.

Eaton’s largest acquisition to date was in 2012, when it acquired Cooper Industries for $11.8B. It’s largest disclosed sale occurred in 2020, when it sold Eaton - Hydraulics Business to Danfoss A/S for $3.3B. Eaton has acquired in 15 different US states, and 18 countries. The Company’s most targeted sectors include electrical equipment (44%) and machinery (29%).

Eaton Business Overview

Where is Eaton headquartered?

Eaton is headquartered in Dublin, Ireland.

What is Eaton’s revenue?

Eaton disclosed revenue of 20,752M USD for 2022 and 19,628M USD for 2021.

How many employees does Eaton have?

Eaton has 92,000 employees.

What sector is Eaton in?

Eaton is an electrical equipment company.

When was Eaton founded?

Eaton was founded in 1911.

M&A Summary

  • M&A Total Activity68
    • M&A Buy Activity57
    • M&A Sell Activity11
  • Total Sectors Invested 10
  • Total Countries Invested 18
  • M&A Buy/Sell Connections 33

Eaton

Eaton Corp. Plc

Eaton House 30 Pembroke Road,
Dublin, D04 Y0C2
Ireland,
+353 1 637 2900
www.eaton.com

Eaton is a power management company providing energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power. Eaton's operational headquarters are in Beachwood, Ohio and its business headquarters is in Dublin, Ireland.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (1.4/yr) # 50 1 4 1 1 - 57
vol $18.9B $4.5B $600M $23.9B
Sell (0.2/yr) # 10 1 - - - - 11
vol $2.5B $3.3B $5.8B
  68

Most Recent M&A

Company Date Value Type
Jiangsu Ryan Electrical Co. Ltd. 2023-04-24 - Stake Purchase
Jiangsu, China · www.redq.cc
Royal Power Solutions 2022-01-05 600M USD Add-on Acquisition
Carol Stream, Illinois · www.royalpowersolutions.com
Yineng Group - Busway business 2021-04-26 - Stake Purchase
Yangzhong, China
Green Motion SA 2021-03-22 - Add-on Acquisition
Le Mont-sur-Lausanne, Switzerland · www.greenmotion.ch
Cobham Mission Systems Wimborne Ltd. 2021-02-01 2.8B USD Divestiture
Wimborne, United Kingdom · www.cobhammissionsystems.com
Trippe Manufacturing Co. 2021-01-29 1.7B USD Add-on Acquisition
Chicago, Illinois · www.tripplite.com
Power Distribution, Inc. 2020-02-03 - Add-on Acquisition
Richmond, Virginia · www.pdicorp.com
Eaton - Hydraulics Business 2020-01-21 3.3B USD Divestiture
Dublin, Ireland
Souriau SAS 2019-07-22 920M USD Divestiture
Versailles, Pennsylvania · www.souriau.com
Innovative Switchgear Solutions, Inc. 2019-07-18 - Add-on Acquisition
Dacono, Colorado · www.innovative-switchgear.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
Cooper Industries plc    - Eka Systems, Inc. 2010-04-13 7
Maynooth, Ireland · www.cooperindustries.com Germantown, Maryland · www.ekasystems.com
Cooper Industries plc    - Omnex Control Systems, Inc. 2007-12-26 6
Maynooth, Ireland · www.cooperindustries.com Port Coquitlam, British Columbia
Cooper Industries plc    - Cannon Technologies, Inc. 2006-08-15 5
Maynooth, Ireland · www.cooperindustries.com Minneapolis, Minnesota · www.cooperpowereas.com
Aeroquip-Vickers, Inc. 1999-02-01 Vickers Electronics Systems 2000-12-30 1
Maumee, Ohio · www.aeroquip-vickers.com , United States

M&A by Sector

Sector Buy # Value Sell # Value
Electrical Equipment 25 (44%) 15.6B (65%) 2 (18%) 402M (7%)
Machinery 16 (28%) 2.3B (10%) 2 (18%) 4.9B (85%)
Manufacturing 5 (9%) 2.4B (10%) 1 (9%) -
Automotive 3 (5%) - 3 (27%) 473M (8%)
Aerospace 2 (4%) 743M (3%) 1 (9%) -
Information Technology 2 (4%) - - -
Chemicals 1 (2%) - - -
Defense 1 (2%) 2.8B (12%) - -
Engineering 1 (2%) - - -
Retail 1 (2%) - - -
Semiconductors - - 1 (9%) -
Technology Hardware - - 1 (9%) -
Total 57 $23.9B 11 $5.8B

By Geo

State/Country Buy Value Sell Value
United States 26 5.5B 9 2.5B
  Ohio 6 2.4B - -
  Michigan 3 - - -
  Illinois 2 2.3B 1 300M
  Virginia 2 - - -
  New Jersey 2 - - -
  Colorado 2 - - -
  Maryland 1 333M 1 1.6B
  West Virginia 1 - - -
  Texas 1 - - -
  Pennsylvania 1 - - -
  North Carolina 1 560M - -
  Nebraska 1 - - -
  California 1 - - -
  Arizona 1 2M - -
  Massachusetts - - 1 -
United Kingdom 6 3.1B - -
Canada 3 - - -
  Ontario 2 - - -
  Alberta 1 - - -
China 3 - - -
Brazil 2 30M - -
France 2 1.4B - -
  Pennsylvania 1 920M - -
Germany 2 - - -
Ireland 1 11.8B 1 3.3B
Mexico 2 8M - -
Turkey 2 214M - -
Chile 1 - - -
Colombia 1 - - -
Czech Republic 1 2M - -
Puerto Rico - - 1 -
Singapore 1 1.8B - -
South Africa 1 - - -
South Korea 1 - - -
Switzerland 1 - - -
Taiwan 1 - - -
Domestic 1 (2%) 11.8B (49%) 1 (9%) 3.3B (57%)
Cross-border 56 (98%) 12.1B (51%) 10 (91%) 2.5B (43%)
Total 57 $23.9B 11 $5.8B

Deal Values

buy # Total
> $1B 5 $19.8B
$100M to $1B 8 $4.1B
< $100M 5 $90M
TOTAL $23.9B
Largest Cooper Industries plc
$11.8B (2012-05-21)
sell # Total
> $1B 2 $4.9B
$100M to $1B 3 $783M
< $100M 1 $92M
TOTAL $5.8B
Largest Eaton - Hydraulics Business
$3.3B (2020-01-21)

M&A Connections

Deals
Acquired from
Investor(s)
11%
6 (11%)
Strategic(s)
32%
18 (32%)
Divested to
Strategic(s)
82%
9 (82%)

 Subscribe to unlock this and 201,535
investor and company profiles

Sign-up today to get full access

  • check  Unlimited Searches
  • check  Unlimited Profile Views
  • check  Build and Export Lists of
    • PE Backed Companies
    • Direct Investors & Acquirers
    • Advisors
    • Deals
    • & More

What's Mergr?

We built Mergr to save people the arduous and time-consuming process of tracking when companies are bought, sold, and who currently owns them.

Every day, new opportunities emerge around M&A and we help professionals of all types comb through transactions, investors, and corporate acquirers via an easy-to-use web database that is accessible to anyone.

Try us for 1 week free today!

Mergr, the Easiest-to-Use PE and M&A DB


Key Benefits

  • Stay informed on events in your industry
  • M&A research that takes seconds (not all afternoon)
  • Better understand your customers and prospects
  • Discover active buyers (or sellers)
Search
  • 4.5K Private Equity Firms
  • 193K M&A Transactions
  • 197K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.6K M&A Advisors
    (Investment Banks and Law Firms)
  • 75K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.