# Eaton to acquire 82.2% stake in Ulusoy Elektrik

The Ulusoy Family signed a share purchase agreement to sell 82.2% of Ulusoy Elektrik, a Turkish medium voltage switchgear and transformer manufacturer, to Eaton Capital Unlimited Company.

- Type: Acquisition
- Announced: 2019-01-31
- Where: Türkiye
- Status: announced
- Products: medium voltage switchgear, transformers
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Eaton Capital Unlimited Company](https://endata.com/companies/37049.md) (acquirer)
- [Ulusoy Elektrik İmalat Taahhüt ve Tic. A.Ş.](https://endata.com/companies/37050.md) (target)
- [Ulusoy Family](https://endata.com/companies/37051.md) (target)

## Sources

- [paksoy.av.tr](https://paksoy.av.tr/en/2019/02/paksoy-advises-ulusoy-family-on-the-sale-of-a-majority-stake-in-ulusoy-elektrik/), 2019-02-01: "Sait Ulusoy, Akgül Ulusoy, Kubilay Hakkı Ulusoy and Enis Ulusoy (together the “Ulusoy Family”), signed a share purchase agreement on 31 January 2019 for the sale of 82.2% of Ulusoy Elektrik."

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