Eaton Acquires Electrical Business in Colombia
02 Giugno 2011 - 11:01PM
Business Wire
Diversified industrial manufacturer Eaton Corporation (NYSE:ETN)
today announced it has acquired the assets of C.I. ESI de Colombia
S.A. (ESI). Terms of the deal were not disclosed.
Based in Bogota, Colombia, ESI is a value added reseller of
industrial electrical equipment and engineering services in the
Colombian market focused on oil and gas, mining and industrial and
commercial construction. The company had sales of
approximately $8 million in 2010.
“ESI is an established organization with strong relationships
with electrical OEMs and distributors in Colombia,” said Rich
Stinson, Eaton’s president, Power Distribution, Electrical Sector
for the Americas Region. “This acquisition will help grow Eaton’s
presence in Colombia and serve as a platform for future growth in
the region.”
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. For more information, visit
www.eaton.com.
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