Eaton acquires 50% stake in Huanyu Group to form Huanyu High-Tech

Eaton Electric completed a 50% capital increase and strategic cooperation with Huanyu Group, a Chinese electrical equipment manufacturer, forming the joint venture Huanyu High-Tech Co., Ltd. The deal was announced on March 30, 2021.

“We are delighted to have achieved a strong alliance with Eaton through the professional services of Oaklins HFG China.”prnasia.com

• 2 sources
• prnasia.com厚瓴沃特协助中国领先电气设备制造商环宇集团引入伊顿的战略投资-美通社PR-NewswireMar 30, 2021
• huanyu-electric.comHuanyu Group and Eaton Electric held an opening ceremony for the joint venture which is a joint effort to grow low-voltage electrical component business in Asia.Dec 31, 2021

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