M&A Deal Summary |
|
|---|---|
| Date | 1998-03-13 |
| Target | Eaton - Suspension Division |
| Sector | Automotive |
| Buyer(s) | Oxford Automotive |
| Sellers(s) | Eaton |
| Deal Type | Divestiture |
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Oxford Automotive, Inc. supplies specialized welded metal assemblies and related services to the automotive industry.
| DEAL STATS | # |
|---|---|
| Overall | 1 of 1 |
| Sector: Automotive M&A | 1 of 1 |
| Type: Divestiture M&A Deals | 1 of 1 |
| Country: United States M&A | 1 of 1 |
| Year: 1998 M&A | 1 of 1 |
| Category | Company |
|---|---|
| Founded | 1911 |
| Sector | Electrical Equipment |
| Employees | 94,443 |
| Revenue | 24.9B USD (2024) |
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 was founded in 1911 and is based in Dublin, Ireland.
| DEAL STATS | # |
|---|---|
| Overall | 2 of 11 |
| Sector: Automotive M&A | 1 of 3 |
| Type: Divestiture M&A Deals | 2 of 9 |
| Country: United States M&A | 2 of 9 |
| Year: 1998 M&A | 1 of 1 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1997-09-23 |
Eaton - Appliance Controls Business
United States Eaton - Appliance Controls Business unit manufactures a wide variety of timers, switches, water valves, thermostats and various range controls for the world's leading appliance makers. Eaton's Appliance Controls operation, which had sales of $440 million in 1996, has 4,800 employees at 17 facilities in North America, South America, Europe, Australia and Asia. |
Sell | $310M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 1999-02-01 |
Aeroquip-Vickers
Maumee, Ohio, United States Aeroquip-Vickers is two companies, Aeroquip Corporation and Vickers, Incorporated, world leaders in the design, manufacture and distribution of engineered components and systems to industrial, aerospace and automotive markets. Headquartered in Maumee, Ohio, the company has 15,000 employees and 50 manufacturing and/or assembly sites in 15 countries around the world. |
Buy | $1.7B |
