WebJan 21, 2024 · Power management company Eaton Corp. (NYSE:ETN) announced late Tuesday, Jan. 21, that it has agreed to sell its Hydraulics business to a Danish company, Danfoss A/S, for $3.3 billion in cash. … WebJan 21, 2024 · Eaton's hydraulics business had sales of $2.2 billion in 2024 and employs approximately 11,000 people
More On Danfoss’ Acquisition of Eaton Hydraulics.
WebHydraulics Our hydraulic products boost the power, speed and precision of machines, ranging from industrial machinery to mobile equipment such as excavators and tractors. And, our filtration systems remove debris and impurities in … WebEaton Hydraulics Distributor programs are intended to mutually enrich our working relationships, provide world-class products, services, and support to market in order to … how to make a defense tower in minecraft
Eaton sells hydraulics business to Danfoss for $3.3 billion
WebMar 19, 2024 · On Tuesday, January 21, 2024 Danfoss announced that it has entered into an agreement to acquire Eaton’s Hydraulics business for a cash purchase price of 3.3 billion USD (approximately 3.0 billion EUR). The acquisition is fully in line with Danfoss’ strategy to strengthen its core businesses and enhance customer value. WebJan 22, 2024 · Power management company Eaton (NYSE:ETN) today announced it has entered into an agreement to sell its Hydraulics business to Danfoss A/S, a Danish industrial company, for $3.3 billion in cash. This represents a 13.2 multiple of 2024 EBITDA. Eaton is retaining the Filtration and Golf Grip businesses currently reported in the … WebJan 21, 2024 · Power management company Eaton (NYSE:ETN) today announced it has entered into an agreement to sell its Hydraulics business to Danfoss A/S, a Danish industrial company, for $3.3 billion in cash. This represents a 13.2 multiple of 2024 EBITDA. how to make a deer trough