M&A Deal Summary

Eaton Acquires Babco Electric Group

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

Acquisition Highlights
  • 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.

M&A Deal Summary
Date 2007-10-19
Target Babco Electric Group
Sector Electrical Equipment
Buyer(s) Eaton
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

Eaton

Dublin, Ireland
Category Company
Founded 1911
Sector Electrical Equipment
Employees92,000
Revenue 23.2B USD (2023)
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's operational headquarters are in Beachwood, Ohio and its business headquarters is in Dublin, Ireland.

DEAL STATS #
Overall 27 of 59
Sector (Electrical Equipment) 9 of 26
Type (Add-on Acquisition) 14 of 38
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
Mergr

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