Add-on Acquisition • Electrical Equipment

Eaton Acquires Babco Electric Group

On October 19, 2007, Eaton acquired electrical equipment company Babco Electric Group

Acquisition Context
  • This is Eaton’s 9th transaction in the Electrical Equipment sector.
  • This is Eaton’s 1st transaction in Canada.
  • This is Eaton’s 1st transaction in Alberta.

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M&A Deal Summary

Date October 19, 2007
Target Babco Electric Group
Sector Electrical Equipment
Buyer(s) Eaton
Deal Type Add-on Acquisition

Target Company

Babco Electric Group

Edmonton, Alberta, Canada
Babco Electric Group, Inc. is a manufacturer of specialty low- and medium-voltage switchgear and electrical housings for use in the Canadian oil and gas industry and other harsh environments.
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Buyer Overview 1

Buyer

Eaton

Dublin, Ireland

Category Company
Founded 1911
Sector Electrical Equipment
Employees94,443
Revenue 24.9B USD (2024)
DESCRIPTION
Eaton's operational headquarters in Beachwood, Ohio.
Eaton's operational headquarters in Beachwood, Ohio.

Eaton is a diversified power management company specializing in electrical, aerospace, hydraulic, and vehicle technologies. Eaton offers a broad portfolio of solutions designed to address the complex challenges of modern industries and infrastructure. Their products encompass a wide range, including electrical distribution and control equipment, energy management systems, aerospace components and systems, hydraulic systems and services, and automotive drivetrain and powertrain systems. Eaton was founded in 1911 and is based in Dublin, Ireland.


Deal Context for Buyer #
Overall 27 of 62
Sector: Electrical Equipment 9 of 27
Type: Add-on Acquisition 14 of 40
State: Alberta 1 of 1
Country: Canada 1 of 3
Year: 2007 7 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-19 Pulizzi Engineering

Santa Ana, California, United States

Pulizzi Engineering, Inc. is a manufacturer of AC power distribution, AC power sequencing, redundant power and remote-reboot power management systems.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-10-31 Schneider Electric - Small Systems Business

Saint-Ismier, France

Schneider Electric - Small Systems Business is a provider of power quality solutions designed to increase the availability and uptime of mission-critical applications and processes.

Buy €425M