Danaher Corporation and Eaton Complete Apex Tool Group Divestiture
01 Febbraio 2013 - 10:01PM
Business Wire
The following announcement is also being issued by Danaher:
Danaher Corporation (NYSE: DHR) and Eaton (NYSE:ETN) announced
today that they have completed the previously announced sale of
Apex Tool Group to Bain Capital. Danaher and Cooper Industries each
maintained a 50 percent joint venture ownership interest in Apex.
Cooper Industries was acquired by Eaton on November 30, 2012. The
divestiture of Apex Tool Group was previously announced on October
10, 2012.
Danaher is a science and technology leader that designs,
manufactures, and markets innovative products and services to
professional, medical, industrial, and commercial customers. Our
premier brands are among the most highly recognized in each of the
markets we serve. The Danaher Business System provides a foundation
to our 63,000 associates around the world, serving customers in
more than 125 countries. In 2012, we generated $18.3 billion of
revenue. For more information please visit our website:
www.danaher.com.
Eaton is a diversified power management company providing
energy-efficient solutions that help our customers effectively
manage electrical, hydraulic and mechanical power. The company is a
global technology leader in electrical products, systems and
services for power quality, distribution and control, power
transmission, lighting and wiring products; 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 acquired Cooper
Industries plc in 2012. Eaton has approximately 100,000 employees
and sells products to customers in more than 150 countries. For
more information, visit www.eaton.com.
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