# EU opens in-depth probe into Danfoss's $3.3bn purchase of Eaton Hydraulics

The European Commission opened an in-depth investigation into Eaton's planned $3.3 billion sale of its hydraulics business to Danfoss over concerns about competition in hydraulic components for mobile machinery.

- Type: Regulation
- Announced: 2020-09-22
- Where: Australia
- Value: $3.30B
- Status: announced
- Products: hydraulic components, hydraulic pumps, hydraulic motors, steering systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Pumps and Valves](https://endata.com/sectors/pumps-valves.md)

## Companies

- [Danfoss](https://endata.com/companies/1945.md) (acquirer)
- [Eaton](https://endata.com/companies/2829.md) (target)

## Sources

- [drivesncontrols.com](https://drivesncontrols.com/eu-investigates-3-3bn-sale-of-eaton-hydraulics-to-danfoss/), 2020-09-22: "The Commission is concerned that the proposed sale, announced earlier this year, may reduce competition in the supply of hydraulic components for mobile machinery."
- [accc.gov.au](https://www.accc.gov.au/media-release/danfoss%E2%80%99-acquisition-of-eaton%E2%80%99s-hydraulics-not-opposed), 2020-10-14: "The ACCC will not oppose Danfoss A/S’s (Danfoss) proposed acquisition of Eaton Corporation plc’s hydraulics business (Eaton Hydraulics)."

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