# Dana to combine with Eaton's Mobility business in $5.1B Reverse Morris Trust deal

Dana Incorporated agreed to combine with Eaton's Mobility business in a transaction valued at about USD 5.1 billion, structured as a Reverse Morris Trust, with Eaton shareholders owning at least 50.1% of the combined company and $250 million of run-rate synergies expected within 24 months.

- Type: Acquisition
- Announced: 2026-06-11
- Value: $5.10B
- Status: announced
- Products: commercial and light vehicle powertrain systems
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Dana Incorporated](https://endata.com/companies/369.md) (acquirer)
- [Eaton](https://endata.com/companies/2829.md) (partner)

## Sources

- [dana.com](https://www.dana.com/newsroom/press-releases/dana-incorporated-announces-agreement-to-combine-with-eatons-mobility-business-strengthens-danas-position-as-a-leading-global-powertrain-systems-provider/), 2026-06-11: "Dana Incorporated today announced it has entered into a definitive agreement with Eaton Corporation plc to combine with Eaton's Mobility business in a transaction valued at approximately $5.1 billion"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.