# Eaton to spin off Mobility business and combine with Dana

Eaton Corporation will separate its Mobility business and combine it with Dana Incorporated in a Reverse Morris Trust transaction. Eaton shareholders are expected to own 50.1% of the combined company, and Eaton will receive a cash distribution of approximately $1.1 billion.

- Type: Acquisition
- Announced: 2026-01-26
- Where: United States
- Value: $1.10B
- Status: announced
- Products: Mobility business (automotive components)
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [ebs.publicnow.com](https://ebs.publicnow.com/view/54D3C586EF84A74DAE587ADA77AB14411077C65B), 2026-11-03: "Eaton announced its intention to separate its Mobility business segment from the rest of Eaton via a spin-off."

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