Eaton Completes Acquisition of Souriau-Sunbank Connection Technologies

EIN 32 CS eaton logo 400

Jan 2, 2020

Power management company Eaton Corporation plc (NYSE:ETN) 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 develops 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.”

Source

 

Related Articles

efc-english-350[1].jpg

EFC to Establish an LVDC Steering Committee/Product Section

 

Last year, Electro-Federation Canada published a research study on low-voltage DC (LVDC) power and the implications and opportunities this technology will have on the electrical market. Recently, EFC learned that the Canadian government has a vested interest in promoting LVDC power to remote communities, the new Canadian Electrical Code is in effect and now includes updates for LVDC installation and use, and CSA is forming a new technical committee for LVDC.

 

Nova Scotia Running Summer Camps for Youth Interested in Skilled Trades

Nova Scotia Running Summer Camps for Youth Interested in Skilled Trades

June 24, 2024 Youth across Nova Scotia will learn more about the skilled trades this summer with funding from the Province. Safe, fun and interactive camps for youth aged 12 to 15 will encourage exploring careers in the skilled trades and help meet the future demands of Nova Scotia’s labour market. In partnership with the…

EIN Skills Ontario Logo

Skills Ontario Opens Free Registration for 2022 Virtual Skills Ontario Competition

Skills Ontario has opened registration for the 2022 Virtual Skills Ontario Competition, which will be held on May 3rd, 2022, from 9:00 am to 3:30 pm (EST). This free, self-paced event will give attendees the opportunity to explore skilled trades and technologies through networking, conferences, and more. 

 

 

Latest Articles

Changing Scene

  • Federal Investment to Add 989 New Montreal Homes

    Federal Investment to Add 989 New Montreal Homes

    November 18, 2024 The federal government is providing nearly $364 million to help build 989 new homes in Montreal. The announcement took place at 5200 rue de la Savane, in Montreal, which received $100 million dollars through the Apartment Loan Construction Program (ACLP) to build 303 homes and will be operated by Olymbec. This rental building, named Lynk, is designed to… Read More…

  • ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    ABB and NIEDAX Group Announce Completion of Joint Venture with the Formation of Abnex Inc.

    November 18, 2024 ABB completed the previously announced 50/50 joint venture with Niedax Group. The Abnex Inc. joint venture (JV) will broaden solutions and advance opportunities in the rapidly growing North American cable management market. Integrating engineering and manufacturing capabilities of ABB’s Installation Products Division with Niedax Group will enable the newly formed company to deliver a… Read More…

  • Ontario Building More Electric Vehicle Charging Stations

    Ontario Building More Electric Vehicle Charging Stations

    November 18, 2024 The Ontario government is building over 1,300 new electric vehicle (EV) charging ports in small and medium-sized communities, marking a major milestone in the province’s plan to increase access to EV chargers outside of large urban centres and support the electrification of transportation across the province. As the province continues to see… Read More…

  • Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    Ontario Investing Over $74 Million Through Next Round of Skills Development Fund Capital Stream

    November 18, 2024 The Ontario government is launching the second round of its Skills Development Fund (SDF) Capital Stream starting November 29, with over $74 million in available funding to build, expand and retrofit training facilities for workers in the trades, including construction, manufacturing technology and health care. The government is also investing nearly $5 million from the first… Read More…