Eaton Completes Acquisition of Internormen Technology Group
May 12 2011 - 8:50AM
Business Wire
Diversified industrial manufacturer Eaton Corporation (NYSE:ETN)
today announced it has completed its purchase of the Internormen
Technology Group. The transaction was announced March 14, 2011.
Internormen Technology is a leader in hydraulic filtration and
instrumentation. The company, which is based in Altlussheim,
Germany, has sales and distribution subsidiaries in India, China,
Brazil and the United States. Internormen employs approximately 360
people and had 2010 sales of more than $55 million.
Eaton Corporation is a diversified power management company with
2010 sales of $13.7 billion. Celebrating its 100th anniversary in
2011, 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.
Eaton (NYSE:ETN)
Historical Stock Chart
From Jun 2024 to Jul 2024
Eaton (NYSE:ETN)
Historical Stock Chart
From Jul 2023 to Jul 2024