# Eaton to acquire 50% stake in Jiangsu YiNeng Electric's busway business

Eaton has signed an agreement to acquire a 50 percent stake in Jiangsu YiNeng Electric's busway business, which manufactures and markets busway products in China and had sales of $60 million in 2020.

- Type: Acquisition
- Announced: 2019-03-06
- Where: China, China
- Status: announced
- Products: busway products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Eaton](https://endata.com/companies/2829.md) (acquirer)
- [Jiangsu YiNeng Electric](https://endata.com/companies/37835.md) (target)

## Sources

- [markets.bostonherald.com](http://markets.bostonherald.com/bostonherald/article/bizwire-2021-4-26-eaton-to-acquire-a-50-percent-stake-in-jiangsu-yineng-electrics-busway-business), 2019-03-06: "Eaton today announced it has signed an agreement to acquire a 50 percent stake in Jiangsu YiNeng Electric’s busway business"

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