Eaton Acquires Royal Power Solutions from Industrial Growth Partners
January 5, 2022
Eaton has acquired Royal Power Solutions, a U.S.-based manufacturer of high-precision electrical connectivity components, from Industrial Growth Partners for $600 million. The acquisition strengthens Eaton's position in electrification end markets (e.g., eMobility, energy management and industrial markets) and adds manufacturing capacity and product capabilities.
- Buyers
- Eaton
- Targets
- Royal Power Solutions
- Sellers
- Industrial Growth Partners, Selling shareholders and members of management
- Industry
- Manufacturing
- Location
- Illinois, United States
- Transaction Type
- Buyout
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