Eaton Acquires Innovative Switchgear Solutions
18 Luglio 2019 - 10:49PM
Business Wire
Power management company Eaton (NYSE:ETN) today announced it has
completed the acquisition of Innovative Switchgear Solutions, Inc.
(ISG), a specialty manufacturer of medium-voltage electrical
equipment serving the North American utility, commercial and
industrial markets. Terms of the transaction were not
disclosed.
“This acquisition complements our portfolio of medium-voltage
switchgear solutions,” said Brian Brickhouse, president, Americas
region, Electrical Sector. “ISG’s solid dielectric underground
switchgear products provide a compact, low maintenance, highly
configurable solution that helps us solve the critical challenges
our customers face. We are excited to have ISG join the team.”
ISG is based in Dacono, Colorado, and had 2018 sales of
approximately $18 million.
Eaton is a power management company with 2018 sales of $21.6
billion. We provide energy-efficient solutions that help our
customers effectively manage electrical, hydraulic and mechanical
power more efficiently, safely and sustainably. Eaton is dedicated
to improving the quality of life and the environment through the
use of power management technologies and services. Eaton has
approximately 100,000 employees and sells products to customers in
more than 175 countries.
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version on businesswire.com: https://www.businesswire.com/news/home/20190718005804/en/
Ann Marie Halal, Media Relations, +1 (440) 523-4418
AnnMHalal@eaton.com
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