# Eaton acquires 50% stake in Jiangsu YiNeng Electric's busway business

Eaton completed the acquisition of a 50 percent stake in Jiangsu YiNeng Electric's busway business, which manufactures busway products in China and had sales of $60 million in 2020.

- Type: Acquisition
- Announced: 2021-06-25
- Where: Jiangsu, China, China
- Status: completed
- Products: busway products
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Eaton](https://endata.com/companies/2829.md) (acquirer)
- [Jiangsu YiNeng Electric](https://endata.com/companies/37835.md) (target)

## Sources

- [eaton.com](https://www.eaton.com/us/en-us/company/news-insights/news-releases/2021/eaton-acquires-a-50-percent-stake-in-jiangsu-yineng-electric-s-b.html), 2021-06-25: "Power management company Eaton today announced it has completed the acquisition of a 50 percent stake in Jiangsu YiNeng Electric’s busway 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.