Eaton to Acquire Power Distribution, Expanding Data Center Power Distribution and Monitoring Solutions

Eaton logo2 400

February 4, 2020

Power management company Eaton recently announced it has agreed to acquire Power Distribution, Inc. (PDI), a supplier of mission critical power distribution, static switching, and power monitoring equipment and services for data centers and industrial and commercial customers. The company is headquartered in Richmond, Virginia, and had 2019 sales of $125 million.

“PDI’s portfolio is highly complementary to our current offering and will allow us to better serve our data center customers,” said Brian Brickhouse, president, Electrical Sector, Americas region, Eaton. “We have watched the growth of PDI for the last decade and are excited to have them become part of Eaton.”

The transaction is subject to customary closing conditions and is expected to close in the first quarter of this year. Terms of the transaction have not been disclosed.

Eaton’s mission is to improve the quality of life and the environment through the use of power management technologies and services. They provide sustainable solutions that help their customers effectively manage electrical, hydraulic, and mechanical power – more safely, more efficiently, and more reliably. Eaton’s 2018 revenues were $21.6 billion, and they sell products to customers in more than 175 countries. Eaton has approximately 101,000 employees.

This news release contains forward-looking statements concerning the expected acquisition of Power Distribution, Inc. some of which are outside the company’s control. The following factors could cause actual results to differ materially from those in the forward-looking statements: unexpected difficulties satisfying closing conditions and failure to complete all required steps. Eaton will not assume any obligation to update these forward-looking statements.

Source

Related Articles


Latest Articles

  • The Non-Residential Sector Declines in All Three Components Despite Sustained Industrial Permit Level

    The Non-Residential Sector Declines in All Three Components Despite Sustained Industrial Permit Level

    November 4, 2024 The total value of building permits in Canada decreased by $858.1 million (-7.0%) to $11.5 billion in August, following a strong July during which construction intentions rose sharply (+20.8%). The residential and non-residential sectors contributed to the decrease in August. On a constant dollar basis (2017=100), the total value of building permits decreased 7.6% in… Read More…

  • A Slight Decrease in Residential Building Construction for August

    A Slight Decrease in Residential Building Construction for August

    November 4, 2024 Investment in building construction edged up 0.2% to $21.0 billion in August, after a 1.6% decrease in July. The residential sector edged down (-0.1%) to $14.6 billion, while the non-residential sector was up 1.0% to $6.4 billion. Year over year, investment in building construction grew 7.2% in August. On a constant dollar basis (2017=100), investment in building construction was… Read More…

  • When a Familiar Door Closes

    When a Familiar Door Closes

    November 4, 2024 By Keith Sones, seasoned utility industry executive Most of the articles I’ve written have been based on personal experiences, many of them occurring decades ago, which eventually translate into helpful life lessons. The years allow the events to marinate in a savoury stew of time and reflection, clarity never coming immediately, or even… Read More…

  • Regulatory Changes to Manitoba Apprenticeship and Certification System

    Regulatory Changes to Manitoba Apprenticeship and Certification System

    November 4, 2024 Effective October 30, 2024, Manitoba’s apprenticeship and certification system will undergo regulatory changes. These changes aim to enhance responsiveness to industry needs, align with Red Seal standards, and improve the quality of apprentice training and safety. Go HERE for more information Source Read More…


Changing Scene