Power management company Eaton Corporation plc today 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 customers in the aerospace, defense, industrial, energy, and transport industries. Founded over 100 years ago, the business has a workforce of approximately 3,200 people and manufacturing facilities in France, the Dominican Republic, India, Morocco, Mexico, and the United States.
"I am delighted to welcome the Souriau-Sunbank team to Eaton," said Craig Arnold, Eaton chairman and chief executive officer. "Souriau-Sunbank accelerates our participation in the growing market for electrical content on aircraft and is another example of our strategy to bring our broad electrical expertise into new markets."
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|Eaton Electrical Sensing & Controls Division||Mechanical Switches, LED Displays, Control Panels, Head-Up Displays, Cockpit Control Systems, Landing Gear Controls, Wing Flaps, Solid State Circuit Breakers, Power Distribution Equipment, Keyboards, Aircraft & Helicopter Controllers|
|Souriau-Sunbank Connection Technologies (was Esterline Connection Technologies)||Electrical & Electronic Connectors, Hermetic Connectors, Thermocouple Contacts, Crimp Contacts|
|TransDigm Group Incorporated|
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