Electronics Production | June 04, 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.


Please note the following: Critical comments are allowed and even encouraged. Discussions are welcome. Verbal abuse, insults and racist / homophobic remarks are not. Such comments will be removed.
Further details can be found here.
Load more news
September 15 2017 9:25 AM V8.7.1-2