Power management company Eaton, Galesburg, Mich., announced on Feb. 22 that its Vehicle Group has formed a new ePowertrain business unit, which will focus on products from Eaton’s electrified vehicle (EV) transmission.
Power management company Eaton, Galesburg, Mich., announced on Feb. 9, 2022, its Vehicle Group now offers an array of low-voltage electrical components that fulfill growing power and control requirements, including conversion, protection and distribution for commercial vehicles and off-highway applications.
It has been a while since Danfoss announced its plans for the $3.3 billion acquisition of the Eaton Hydraulics business in January 2020 but the Danish company has finally completed the deal having received confirmation of all necessary regulatory approvals and closing conditions.
Danfoss, one of the agricultural machinery industry’s biggest components suppliers, has struck a €3 billion ($3.3 billion) deal to buy the Hydraulics division of Eaton to strengthen its core business.
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In this episode of On the Record, brought to you by Associated Equipment Distributors, we take an initial look at the Dealer Business Outlook & Trends Report and what dealers are forecasting for 2025.