# TransDigm completes divestiture of Souriau-Sunbank to Eaton

TransDigm Group completed the divestiture of Souriau-Sunbank Connection Technologies to Eaton Corporation for approximately $920 million. The business is headquartered in Versailles, France.

- Type: Acquisition
- Announced: 2019-12-20
- Where: Versailles, France, France
- Value: $920.0M
- Jobs: 3,200
- Status: completed
- Products: electrical interconnect solutions for harsh environments
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md), [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Transdigm](https://endata.com/companies/4650.md)
- [Eaton](https://endata.com/companies/2829.md) (acquirer)
- [Transdigm](https://endata.com/companies/4650.md) (partner)
- [Souriau-Sunbank Connection Technologies](https://endata.com/companies/40800.md) (target)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/transdigm-group-completes-divestiture-of-souriau-sunbank-connection-technologies-and-declares-a-special-cash-dividend-of-32-50-per-share-300978308.html), 2019-12-20: "TransDigm Group Incorporated announced today that it has completed the divestiture of Souriau-Sunbank Connection Technologies to Eaton Corporation plc in a transaction valued at approximately $920 million."
- [eaton.com](https://www.eaton.com/in/en-us/company/news-insights/news-releases/2019/eaton-completes-the-acquisition-of-souriau-sunbank-connection-te.html), 2019-12-20: "Power management company Eaton Corporation plc today announced it has completed the acquisition of the Souriau-Sunbank Connection Technologies business of TransDigm Group Incorporated for $920 million."
- [eaton.com](https://www.eaton.com/ae/en-gb/company/news-insights/news-releases/2019/eaton-completes-the-acquisition-of-souriau-sunbank-connection-te.html), 2019-12-20: "I am delighted to welcome the Souriau-Sunbank team to Eaton."

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