M&A Deal Summary

Eaton Acquires Pringle Electrical Manufacturing

On October 11, 2005, Eaton acquired electrical equipment company Pringle Electrical Manufacturing

Acquisition Highlights
  • This is Eaton’s 3rd transaction in the Electrical Equipment sector.
  • This is Eaton’s 7th transaction in the United States.
  • This is Eaton’s 1st transaction in Pennsylvania.

M&A Deal Summary

Date 2005-10-11
Target Pringle Electrical Manufacturing
Sector Electrical Equipment
Buyer(s) Eaton
Deal Type Add-on Acquisition

Target

Pringle Electrical Manufacturing

Montgomeryville, Pennsylvania, United States
Pringle Electrical Manufacturing Co. is a manufacturer of bolted contact switches and other specialty switches.

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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 14 of 59
Sector (Electrical Equipment) 3 of 26
Type (Add-on Acquisition) 9 of 38
State (Pennsylvania) 1 of 2
Country (United States) 7 of 27
Year (2005) 6 of 8
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2005-09-06 Hayward Industries - Industrial Filtration Business

Elizabeth, New Jersey, United States

Hayward Industries - Industrial Filtration Business is a provider in liquid, high-purity bag filtration systems. Its primary markets include general industrial, petro-chemical, pharmaceutical, food and beverage, power utilities, marine and water.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2005-11-01 Cobham - Aerospace Fluid & Air Division

Wimborne, United Kingdom

Cobham - Aerospace Fluid & Air Division is a provider of low-pressure airframe fuel systems, electro-mechanical actuation, air ducting and hydraulic and power generation.

Buy $270M