Tag Archives: Souriau Sunbank

Eaton Acquisition of Souriau Connection Technologies Now Complete

Big news to close out 2019 and the decade with… Power management company Eaton Corporation plc (NYSE:ETN) announced it has completed the acquisition of the Souriau-Sunbank Connection Technologies business of TransDigm Group Incorporated for $920 million. Headquartered in Versailles, France, Souriau-Sunbank is a global leader in highly engineered electrical interconnect solutions for harsh environments for
CONTINUE READING

Eaton to Purchase Souriau-Sunbank for $920m

CLEVELAND, July 22, 2019 – TransDigm Group Incorporated (NYSE: TDG), a leading global designer, producer and supplier of highly engineered aircraft components, announced today that it has received a binding offer pursuant to a put option agreement (the “Put Agreement”) from Eaton Corporation plc (NYSE:ETN) for the acquisition by Eaton of the business of Souriau-Sunbank
CONTINUE READING

Show Buttons
Hide Buttons