M&A Deal Summary

Eaton Acquires Polimer Kaucuk Sanayi Ve Pazarlama A.S.

On June 1, 2012, Eaton acquired machinery company Polimer Kaucuk Sanayi Ve Pazarlama A.S.

Acquisition Highlights
  • This is Eaton’s 15th transaction in the Machinery sector.
  • This is Eaton’s 1st transaction in Turkey.

M&A Deal Summary

Date 2012-06-01
Target Polimer Kaucuk Sanayi Ve Pazarlama A.S.
Sector Machinery
Buyer(s) Eaton
Deal Type Add-on Acquisition

Target

Polimer Kaucuk Sanayi Ve Pazarlama A.S.

Istanbul, Turkey
Polimer Kaucuk Sanayi Ve Pazarlama A.S. is a manufacturer of hydraulic and industrial hose.

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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 44 of 59
Sector (Machinery) 15 of 16
Type (Add-on Acquisition) 28 of 38
Country (Turkey) 1 of 2
Year (2012) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-21 Cooper Industries

Maynooth, Ireland

Cooper is a diversified global manufacturer of electrical components and tools. Cooper has seven operating divisions with leading positions and world-class products and brands including Bussmann electrical and electronic fuses; Crouse-Hinds and CEAG explosion-proof electrical equipment; Halo and Metalux lighting fixtures; and Kyle and McGraw-Edison power systems products. With this broad range of products, Cooper is positioned for several long term growth trends including the global infrastructure build out, the need to improve the reliability and productivity of the electric grid, the demand for higher energy-efficient products and the need for improved electrical safety.

Buy $11.8B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2012-07-09 Jeil Hydraulics

Busan, South Korea

Jeil Hydraulics Co., Ltd. is a manufacturer of track drive motors, swing drive motors, main control valves and remote control valves for the construction equipment market.

Buy -