Eaton Mergers and Acquisitions Summary

Electrical Equipment Company

Eaton has acquired 57 companies, including 7 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 15 different US states, and 18 countries. The Company’s most targeted sectors include electrical equipment (45%) and machinery (30%).

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 Activity65
    • M&A Buy Activity54
    • M&A Sell Activity11
  • Total Sectors Invested 10
  • Total Countries Invested 18
  • 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 and is based in Dublin, Ireland.


M&A Summary

Buy vs Sell

Year ≤ '16 '17 '18 '19 '20 '21 T
Buy (1.4/yr) # 47 - - 3 1 3 54
vol $17.7B $1.1B $4.5B $23.3B
Sell (0.2/yr) # 10 - - - 1 - 11
vol $2.5B $3.3B $5.8B
  65

Most Recent M&A

Company Date Value Type
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
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
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 24 (44%) 15.6B (67%) 2 (18%) 402M (7%)
Machinery 16 (30%) 2.3B (10%) 2 (18%) 4.9B (85%)
Automotive 3 (6%) - 3 (27%) 473M (8%)
Manufacturing 3 (6%) 1.8B (8%) 1 (9%) -
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 54 $23.3B 11 $5.8B

By Geo

State/Country Buy Value Sell Value
United States 25 4.9B 9 2.5B
  Ohio 6 2.4B - -
  Michigan 3 - - -
  New Jersey 2 - - -
  Colorado 2 - - -
  Virginia 2 - - -
  Maryland 1 333M 1 1.6B
  Illinois 1 1.7B 1 300M
  North Carolina 1 560M - -
  Nebraska 1 - - -
  California 1 - - -
  Arizona 1 2M - -
  West Virginia 1 - - -
  Texas 1 - - -
  Pennsylvania 1 - - -
  Massachusetts - - 1 -
United Kingdom 6 3.1B - -
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 - - -
Switzerland 1 - - -
Taiwan 1 - - -
Domestic 1 (2%) 11.8B (51%) 1 (9%) 3.3B (57%)
Cross-border 53 (98%) 11.5B (49%) 10 (91%) 2.5B (43%)
Total 54 $23.3B 11 $5.8B

Deal Values

buy # Total
> $1B 5 $19.8B
$100M to $1B 7 $3.5B
< $100M 5 $90M
TOTAL $23.3B
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)
9%
5 (9%)
Strategic(s)
31%
17 (31%)
Divested to
Strategic(s)
82%
9 (82%)

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