Eaton acquires majority stake in Ulusoy Elektrik

Eaton agreed to acquire an 82.275% controlling stake in Ulusoy Elektrik, a Turkish manufacturer of medium-voltage equipment, for approximately $214 million. The deal is expected to close in the first half of 2019.

“Мы собираемся использовать технологии Ulusoy Elektrik в своих системах распределения питания семейства IEC и заказных решениях для стабилизации напряжения.”itnews.com.ua

• 8 sources
• itnews.com.uaEaton приобрел контрольный пакет акций Ulusoy Elektrik - ITnewsMar 26, 2019
• eaton.comEaton completes the acquisition of a controlling interest in Ulusoy ElektrikApr 15, 2019
• power-eng.comEaton acquires Turkish switchgear manufacturerClarion Energy Content DirectorsApr 16, 2019
• renewableenergyworld.comEaton acquires Turkish switchgear manufacturerClarion Energy Content DirectorsApr 16, 2019
• powertransformernews.comEaton acquires Turkish grid equipment manufacturer - Power Transformer NewsPatrick Haddad

Summarized from public sources; check the original articles before acting on it.