Eaton completed the acquisition of Fibrebond for $1.4bn.

Eaton, an intelligent power management company, completed the acquisition of Fibrebond, a designer and builder of pre-integrated modular power enclosures for data center, industrial, utility and communications customers, for $1.4bn. “Acquiring Fibrebond’s innovative and customer-focused business is a game-changing move that positions Eaton as a one-stop shop to rapidly deploy power infrastructure where it’s needed. Their engineered-to-order power enclosures and service capabilities enhance our offerings, allowing us to move faster for our data center, industrial, utility and other customers. We couldn’t be more excited to add this critical capability for our customers in these growth markets,” Mike Yelton, Eaton President.