Eaton Mergers and Acquisitions Summary

Electrical Equipment Company

Eaton has acquired 54 companies, including 4 in the last 5 years. A total of 8 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 14 different US states, and 17 countries. The Company’s most targeted sectors include electrical equipment (46%) and machinery (32%).

Join Mergr and gain access to Eaton’s M&A summary, the M&A summaries of companies just like it, as well as recent M&A activity in the electrical equipment sector.

M&A Summary

  • M&A Total Activity62
    • M&A Buy Activity51
    • M&A Sell Activity11
  • Total Sectors Invested 9
  • Total Countries Invested 17
  • M&A Buy/Sell Connections 32

Eaton Corp. Plc

Eaton House 30 Pembroke Road,
Dublin, 4
Ireland,
353 1 637 2900
www.eaton.com

Eaton Corp. Plc 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. Eaton was founded in 1916.


M&A Summary

Buy vs Sell

Year ≤ '15 '16 '17 '18 '19 '20 T
Buy (0.8/yr) # 47 - - - 3 1 51
vol $17.7B $1.1B $18.9B
Sell (0.2/yr) # 10 - - - - 1 11
vol $2.5B $3.3B $5.8B
  62

Most Recent M&A

Company Date Value Type
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
Ulusoy Elektrik A.Ş. 2019-01-31 214M USD Add-on Acquisition
Ankara, Turkey · www.ulusoyelectric.com
Oxalis Group Ltd. 2015-01-13 - Add-on Acquisition
Stratford-upon-Avon, United Kingdom · www.theoxalisgroup.co.uk
Eaton - Aerospace Power Distribution & Integrated Cockpit Business 2014-01-20 - Divestiture
, United States
Apex Tool Group LLC 2013-02-14 1.6B USD Divestiture
Sparks, Maryland · www.apextoolgroup.com
Rolec Comercial e Industrial S.A. 2012-08-28 - Add-on Acquisition
Santiago, Chile
Jeil Hydraulics Co., Ltd. 2012-07-09 - Add-on Acquisition
Busan, South Korea · www.jeilhyd.co.kr
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    - The MTL Instruments Group plc 2008-02-14 6
Maynooth, Ireland · www.cooperindustries.com Luton, United Kingdom · www.mtl-inst.com
Cooper Industries plc    - Omnex Control Systems, Inc. 2007-12-26 5
Maynooth, Ireland · www.cooperindustries.com Port Coquitlam, British Columbia
Cooper Industries plc    - io lighting LLC 2007-08-27 4
Maynooth, Ireland · www.cooperindustries.com Vernon Hills, Illinois
Cooper Industries plc    - WPI Interconnect Products, Inc. (dba Wire-Pro, Inc.) 2007-01-04 3
Maynooth, Ireland · www.cooperindustries.com Salem, New Jersey
Cooper Industries plc    - Cannon Technologies, Inc. 2006-08-15 2
Maynooth, Ireland · www.cooperindustries.com Minneapolis, Minnesota · www.cooperpowereas.com
Cooper Industries plc    - Cooper Wheelock, Inc. 2006-02-28 1
Maynooth, Ireland · www.cooperindustries.com Long Branch, New Jersey
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 23 (45%) 14.0B (74%) 2 (18%) 402M (7%)
Machinery 16 (31%) 2.3B (12%) 2 (18%) 4.9B (85%)
Automotive 2 (4%) - 3 (27%) 473M (8%)
Manufacturing 3 (6%) 1.8B (10%) 1 (9%) -
Aerospace 2 (4%) 743M (4%) 1 (9%) -
Information Technology 2 (4%) - - -
Chemicals 1 (2%) - - -
Engineering 1 (2%) - - -
Retail 1 (2%) - - -
Semiconductors - - 1 (9%) -
Technology Hardware - - 1 (9%) -
Total 51 $18.9B 11 $5.8B

By Geo

State/Country Buy Value Sell Value
United States 24 3.3B 9 2.5B
  Ohio 6 2.4B - -
  Michigan 3 - - -
  New Jersey 2 - - -
  Colorado 2 - - -
  Virginia 2 - - -
  Maryland 1 333M 1 1.6B
  Pennsylvania 1 - - -
  North Carolina 1 560M - -
  Nebraska 1 - - -
  California 1 - - -
  Arizona 1 2M - -
  West Virginia 1 - - -
  Texas 1 - - -
  Massachusetts - - 1 -
  Illinois - - 1 300M
United Kingdom 5 318M - -
Canada 3 - - -
  Ontario 2 - - -
  Alberta 1 - - -
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 - -
Hong Kong 1 - - -
Puerto Rico - - 1 -
Singapore 1 1.8B - -
South Africa 1 - - -
South Korea 1 - - -
Taiwan 1 - - -
Domestic 1 (2%) 11.8B (63%) 1 (9%) 3.3B (57%)
Cross-border 50 (98%) 7.1B (37%) 10 (91%) 2.5B (43%)
Total 51 $18.9B 11 $5.8B

Deal Values

buy # Total
> $1B 3 $15.3B
$100M to $1B 7 $3.5B
< $100M 5 $90M
TOTAL $18.9B
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
PE Firm(s)
33%
8 33%
Strategic(s)
67%
16 67%
Divested to
Strategic(s)
100%
9 100%

 Subscribe to unlock this and 153,348
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
  • 3.9K Private Equity Firms
  • 141K M&A Transactions
  • 149K Companies Involved in M&A
    (Buyer, Seller, or Target)
  • 3.1K M&A Advisors
    (Investment Banks and Law Firms)
  • 42K M&A Contacts
    (PE and M&A Advisors)

Ready to try?

Join FREE for 1 Week

No obligation. Cancel anytime.