# EU approves Danfoss acquisition of Eaton Hydraulics for $3.3 billion

The European Commission approved Danfoss's $3.3 billion acquisition of Eaton's hydraulics business, conditional on Danfoss selling plants in Wroclaw, Poland; Parchim, Germany; and Hopkinsville, Kentucky, and committing to technology transfers.

- Type: Acquisition
- Announced: 2021-03-18
- Value: $3.30B
- Status: announced
- Products: hydraulic components, hydraulic steering units, electrohydraulic steering valves, orbital motors
- Sectors: [Pumps and Valves](https://endata.com/sectors/pumps-valves.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

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

## Sources

- [fluidpowerjournal.com](https://fluidpowerjournal.com/eu-approves-danfoss-acquisition-of-eatons-hydraulics-business/), 2021-03-29: "The European Union’s antitrust enforcer has approved Danfoss’s proposed $3.3 billion acquisition of Eaton’s hydraulics 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.