Tag Archives: power distribution

Safran Finalizes Purchase of Eaton’s Power Distribution, Cockpit Systems Business

Safran has wrapped up its $270 million acquisition of the aerospace power distribution and cockpit systems business of Eaton (NYSE: ETN). That business has a 350-employee workforce and generated approximately $102 million in sales during 2013, Eaton said Friday. The unit’s manufacturing facilities are located in Sarasota, Fla. and Costa …

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Safran to Buy Eaton’s Aerospace Power Distribution, Cockpit Services Business for $270M; Uday Yadav Comments

Safran has agreed to purchase Eaton‘s (NYSE: ETN) aerospace power distribution and cockpit services unit for $270 million as Eaton seeks to focus on its core business areas. Eaton and Safran intend to close the deal in the first half of 2014, pending regulatory approvals and approval by the Eaton board of …

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