Latest Breaking News On - Electrical sector - Page 18 : vimarsana.com

Eaton to Acquire Tripp Lite for $1 7 Billion

Eaton to Acquire Tripp Lite for $1.7 Billion Eaton says the addition of the power and connectivity solutions provider will “enhance the breadth of our edge computing and distributed IT product portfolio.” Author Power management company Eaton (NYSE: ETN), Dublin, Ireland, on Friday announced it has agreed to acquire Tripp Lite, a Chicago-based power and connectivity solutions provider, for $1.7 billion. The acquisition of Tripp Lite, which is nearly 100 years old, is expected to close in mid-2021. Eaton’s purchase price represents approximately 12 times Tripp Lite’s 2020 EBITDA and 11 times estimated 2021 EBITDA. “The acquisition of Tripp Lite will enhance the breadth of our edge computing and distributed IT product portfolio and expand our single-phase UPS business,” said Uday Yadav, president and chief operating officer, Electrical Sector, Eaton. “We look forward to welcoming Tripp Lite to the Eaton family.”

United statesThomasb okraySuday yadavTripp liteElectrical sectorDalfort capitalஒன்றுபட்டது மாநிலங்களில்ஊடாய் யாதவ்டிரிப் லைட்மின் துறை

Chicago s Tripp Lite to be bought by Ireland-based Eaton

Chicago s Tripp Lite to be bought by Ireland-based Eaton
chicagobusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from chicagobusiness.com Daily Mail and Mail on Sunday newspapers.

United statesSuday yadavTripp liteElectrical sectorஒன்றுபட்டது மாநிலங்களில்ஊடாய் யாதவ்டிரிப் லைட்மின் துறை

Angola Energy 2025 Vision

January 10, 2021 Share The Government of Angola created “The Angola Energy 2025,” intending to ensure comprehensive and sustainable development of the nation through balanced dissemination of social and economic activities, intending to advance human development in Angola. It builds up vital worldwide goals and incorporates the 2013– 2017 Action Plans for Energy. The goal is to accomplish 60% essential energy access. As indicated by the strategy, the execution of a sustainable energy development strategy is necessary to finish during the 2015 – 2025 period. The long term Angola Energy 2025 sets up key goals for the nation, reflecting the key challenges for the advancement of the energy sector, autonomous from the current circumstance of the oil markets. The development of generation capacity and the extension of the grid and the mobilization of private capital are key long-haul axes set up in the Policy and Strategy for National Energy Security, with influence on

Angola energyRenewable energy atlasStrategy for national energy securityCommunity townshipAction plans for energyNational development planNational energy securityAction planAngola strategyElectric sector transformation processRapid assessmentGap analysisPower sector long termElectrical sectorLong term visionஅங்கோலா ஆற்றல்

Eaton to acquire a 50% stake in HuanYu High Tech

Eaton to acquire a 50% stake in HuanYu High Tech CRAIN S CLEVELAND BUSINESS Print Power management company Eaton (NYSE: ETN) said it has agreed to acquire a 50% stake in HuanYu High Tech, a subsidiary of HuanYu Group that makes low-voltage circuit breakers and contactors in China and throughout the Asia-Pacific region. The transaction, which is subject to regulatory approvals and customary closing conditions, is expected to close in the second quarter of 2021, Eaton said in a news release on Tuesday, Dec. 15. Specific financial terms of the deal were not disclosed. Eaton, which is based in Dublin, Ireland, but has its North American headquarters in Beachwood, said HuanYu High Tech had 2019 sales of $106 million. Its production operations are in Wenzhou, China.

United statesHoward liuHuanyu groupHuanyu high techNorth americanAsia pacific regionElectrical sectorCorporate chinaSoutheast asianஒன்றுபட்டது மாநிலங்களில்ஹோவர்ட் லியூஹுஅனியு குழுஹுஅனியு உயர் தொழில்நுட்பம்வடக்கு அமெரிக்கன்ஆசியா பெஸிஃபிக் பகுதிமின் துறை

Eaton To Buy 50% Stake In HuanYu High Tech

Eaton To Buy 50% Stake In HuanYu High Tech BEIJING (dpa-AFX) - Power management company Eaton Corp. plc (ETN) said Tuesday it has agreed to acquire a 50 percent stake in HuanYu High Tech, a subsidiary of HuanYu Group that manufactures and markets low-voltage circuit breakers and contactors in China, and the Asia-Pacific region. Financial terms of the deal were not disclosed. HuanYu High Tech recorded sales of $106 million in 2019 and has production operations in Wenzhou, China. The transaction, which expands Eaton s range of low-voltage electrical components sold in Asia Pacific, is expected to close in the second quarter of 2021. HuanYu High Tech s strong product portfolio and manufacturing capabilities, combined with Eaton s global scale and access to the broader Southeast Asian market, opens up many exciting opportunities for us to grow our business in Asia, said Howard Liu, president, Asia-Pacific Region, Electrical Sector and Corporate China, Eaton.

Howard liuAsia pacificHuanyu groupEaton corpHuanyu high techSoutheast asianAsia pacific regionElectrical sectorCorporate chinaஹோவர்ட் லியூஆசியா பெஸிஃபிக்ஹுஅனியு குழுஈட்டன் கார்ப்ஹுஅனியு உயர் தொழில்நுட்பம்தென்கிழக்கு ஆசியஆசியா பெஸிஃபிக் பகுதி