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Eaton acquires remaining 50% stake in Micro Innovation Holding
[September 02, 2009]

Eaton acquires remaining 50% stake in Micro Innovation Holding


Sep 02, 2009 (Datamonitor Financial Deals Tracker via COMTEX) -- Eaton Corporation, a US-based diversified industrial products manufacturer with major focus on electrical systems and components, has acquired the remaining 50% of the outstanding shares of Micro Innovation Holding AG, a Switzerland-based manufacturer of human machine interfaces, programmable logic controllers, and input/output devices, from Eaton's joint venture partner.

Deal Type Acquisition Sub-Category Minority Acquisition Deal Status Completed: 2009-09-01 Deal Participants Target (Company) Micro Innovation Holding AG Acquirer (Company) Eaton Corporation % Acquisition 50%

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