Announced
Completed
Financials
Sources
Tags
Single Bidder
Acquisition
Completed
Friendly
China
Minority
Multi-Utilities
power distribution
Cross Border
Private
Synopsis
Eaton, an intelligent power management company, completed the acquisition of a 49% stake in Jiangsu Ryan Electrical, a manufacturer of power distribution. Financial terms were not disclosed. “The powerful combination of Ryan’s high-quality products and Eaton’s global distribution will enable us to better serve customers in Asia Pacific and around the world. Together, we’ll be well-positioned to provide the solutions for the transition to more renewable energy and electrical content in a variety of applications,” Howard Liu, Eaton President of Asia-Pacific Electrical Sector.
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