Eaton Completes Purchase of Wright Line
August 25 2010 - 5:42PM
Business Wire
Diversified industrial manufacturer Eaton Corporation (NYSE:ETN)
announced today that it has completed its purchase of Wright Line
Holding, Inc. The transaction was announced August 4, 2010.
Wright Line provides customized enclosures, rack systems, and
air flow management systems to store, power, and secure
mission-critical IT data center electronics. The business had sales
of approximately $101 million for the 12 months ended June 30,
2010.
Eaton Corporation is a diversified power management company with
2009 sales of $11.9 billion. Eaton is a global technology leader in
electrical components and systems for power quality, distribution
and control; hydraulics components, systems and services for
industrial and mobile equipment; aerospace fuel, hydraulics and
pneumatic systems for commercial and military use; and truck and
automotive drivetrain and powertrain systems for performance, fuel
economy and safety. Eaton has approximately 70,000 employees and
sells products to customers in more than 150 countries. For more
information, visit www.eaton.com.
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