Eaton Corporation Completes Acquisition Of Cooper Industries
Eaton Corporation plc and Cooper Industries plc have announced that Eaton has completed its acquisition of Cooper. The acquisition was announced on May 21, 2012 and combines Eaton and Cooper into a new, premier global power management company named Eaton Corporation plc.
“The $13 billion acquisition of Cooper, the largest in Eaton’s 101-year history, is a transformational milestone that expands our market segment reach, broadens our portfolio of products, services, and solutions, and strengthens our global geographic footprint,” said Alexander M. Cutler, Eaton chairman and chief executive officer.