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Southfield's Eaton Acquires Ohio Electrical Component Manufacturer

Eaton announced it has completed the acquisition of high-precision electrical connectivity component manufacturer Royal Power Solutions.

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Eaton Acquires Royal Power Solutions for $600M

Royal has about 450 employees and plants in Carol Stream, IL, and Queretaro, Mexico, along with a sales and engineering office in Canton, MI.

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Eaton acquires Royal Power Solutions for $600m

Eaton acquires Royal Power Solutions for $600m
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Eaton Buys Power Specialist Royal Power Solutions For $600M

Eaton acquires Royal Power Solutions for $600 million to boost its energy management, industrial and mobility businesses.

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Eaton buys Illinois company Royal Power Solutions for $600 million

The Ohio-based power management giant said the purchase price :represents approximately 13.6 times" Royal Power's estimated 2022 earnings before interest, taxes, depreciation and amortization. That would place EBITDA of Royal Power, an Illinois-based maker of electrical connectivity components, at around $44.1 million.

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