Announced

Eaton to acquire Thermal business from Goldman Sachs-backed Boyd for $9.5bn.

Synopsis

Eaton, an intelligent power management company, agreed to acquire Thermal business from Goldman Sachs-backed Boyd, a global innovator in engineered materials and thermal solutions, for $9.5bn. “This is a transformative day for the entire Boyd team, and I am confident that combining Eaton’s chip-to-grid power and Boyd’s Chip-to-AmbientTM cooling architectures will help accelerate the deployment of future AI datacenters,” Doug Britt, Boyd Chief Executive Officer.

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MergerLinks - Eaton to acquire Thermal business from Goldman Sachs-backed Boyd for $9.5bn.