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Year in Review: Eaton deal to sell hydraulics unit highlights M&A activity
Rubber & Plastics News Staff
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Ryco Hydraulics CEO Leigh Morrison (left) and Manuli Rubber Industries CEO Dardanio Manuli say their companies share a similar, family-run business philosophy.
NORBORG, Denmark For Eaton Corp., a deal to divest the company s hydraulics business is being viewed as transformational.
For Danfoss A/S, the deal to acquire Eaton s hydraulics business also is being viewed as transformational, but in a different way.
Eaton s move to sell off the hydraulics business is part of that company s push to focus on business segments that have better earnings consistency. ....

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