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04
June
2012

Eaton buys Gycom

Diversified industrial manufacturer Eaton Corporation has acquired Gycom's electrical low-voltage power distribution, control and automation components business in Sweden, Denmark and Finland.
"Gycom has established strong relationships with key customers in the region," said Frank Campbell, Eaton president, Europe, Middle East and Africa Region for the Electrical Sector. "This acquisition is an effective way to expand our presence in the Nordic region."

Headquartered in Taby, Stockholm County, Sweden, Gycom's low-voltage power distribution, control and automation business had 2011 sales of approximately 24 million USD.

With 2011 sales of 16.0 billion USD, Eaton has approximately 72,000 employees and sells products to customers in more than 150 countries.
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