Eaton completed the acquisition of a 50% stake in Huineng.

Eaton, a power management company, completed the acquisition of a 50% stake in Huineng, a manufacturer of low-voltage circuit breakers. Financial terms were not disclosed. “This strategic relationship marks an important milestone in Eaton’s growth strategy. The combination of application-tailored products with our global distribution channels positions us to capitalize on opportunities in high-growth market segments such as renewable energy, grid modernization, commercial buildings and industrial," Howard Liu, Eaton President.