Danvers acquires Eaton Hydraulics for $ 3.3 billion

Dublin, Ireland-On January 22, 2020, Eaton (NYSE: ETN), a global power management company, announced the sale of its hydraulics business and reached an agreement with Danfoss A / S, a Danish industrial company, for $ 3.3 billion in cash Sold, which is 13.2 times EBITDA in 2019.