Dec. 23, 2002: Eaton To Acquire Electrical Division Of Delta PLC
Headquartered in the United Kingdom, the electrical division of Delta had 2001 sales of 229 million pounds sterling. For 2001, the division generated earnings before interest, taxes, depreciation and amortization of 20.7 million pounds sterling.
Delta's major electrical brands include MEM, Holec, Bill, Home Automation, Elek, and Tabula. The Delta business will be integrated into Eaton's Industrial and Commercial Controls segment.
Publication date: 12/23/2002