Jiangsu Huineng Electric Co., Ltd. News
Eaton To Acquire 50% Stake In Jiangsu Huineng Electric Co., Ltd.’s Circuit Breaker Business
Power management company Eaton announced it has signed an agreement to acquire a 50% stake in the circuit breaker business of Jiangsu Huineng Electric Co., Ltd. (Huineng), which manufactures and markets low-voltage circuits breakers in China and had revenues of $35 million in 2021. Application-tailored product offerings “Huineng’s application-tailored product offerings and manufacturing base in China, combined with Eaton’s expertise and global channels, will enable us to furt...