Eaton to acquire Cooper Industries

Source: Eaton Corporation

May 31, 2012

Eaton Corporation and Cooper Industries plc have entered into a definitive agreement under which Eaton will acquire Cooper in a transaction that is designed to increase the capabilities and geographic breadth of the combined company’s power management portfolio and electrical business.

At the close of the transaction, Eaton and Cooper will be combined under a new company incorporated in Ireland, where Cooper is incorporated today. The newly created company, which is expected to be called Eaton Global Corporation Plc or a variant thereof, will be led by Alexander M. Cutler, Eaton’s current chairman and chief executive officer.

Learn more about the acquisition