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Eaton acquires Power Distribution Inc.

Written by Thu 6 Feb 2020

Data centre energy equipment supplier snapped up for undisclosed sum

Ireland-based power management company Eaton is to acquire mission-critical power distribution company Power Distribution Inc.

Power Distribution Inc, headquartered in Richmond Virginia, posted sales of $125 million last year. In addition to mission-critical power distribution, the company supplies static switching and power monitoring equipment and services for data centres and industrial and commercial customers.

The exact terms of the deal have not been disclosed. The acquisition is subject to customary closing conditions and is expected to close in the first quarter of this year.

“PDI’s portfolio is highly complementary to our current offering and will allow us to better serve our data center customers,” said Brian Brickhouse, president, Electrical Sector, Americas region, Eaton.

“We have watched the growth of PDI for the last decade and are excited to have them become part of Eaton,” he added.

Eaton’s 2018 revenues were $21.6 billion and the company boasts customers in more than 175 countries and a workforce of over 100,000. The firm is exhibiting at Data Centre World London in March.

 

 

 

Written by Thu 6 Feb 2020

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