“This acquisition expands the geographic presence of Eaton’s hydraulics business, enhances its current hydraulic product portfolio and helps us become a more significant partner for European customers,” said William R. VanArsdale, president of Eaton’s hydraulics business.
The company employs approximately 290 people.
Eaton Corporation, based in Cleveland, Ohio, is a diversified power management company with 2007 sales of $13bn.
