# Danfoss completes $3.3 billion acquisition of Eaton's hydraulics business

Danfoss has finalized its approximately $3.3 billion acquisition of Eaton's hydraulics business after receiving all regulatory approvals. The business will be combined with Danfoss Power Solutions, adding about 10,000 employees.

- Type: Acquisition
- Announced: 2023-08-25
- Value: $3.30B
- Status: completed
- Products: mobile hydraulics, industrial hydraulics, fluid conveyance systems
- Sectors: [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

- [pjpower.com](https://www.pjpower.com/news/danfoss-completes-acquisition-of-airflex), 2023-08-25: "Danfoss has officially finalized its US$3.3 billion (approximately €3 billion) acquisition of Eaton's hydraulics business following confirmation of all necessary regulatory approvals and closing conditions."
- [qdbfdldz.com](https://www.qdbfdldz.com/en/index.php?c=show&id=163), 2023-09-18: "Danfoss has announced that it has obtained all necessary regulatory approvals and has officially completed the acquisition of Eaton's hydraulic business for $3.3 billion."

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