TMCnet News
Eaton acquires remaining 50% stake in Micro Innovation HoldingSep 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% |
