Eaton completes purchase of Turkish hose maker
Eaton Corp. said it has completed its purchase of Turkish hydraulic and industrial hose maker Polimer Kaucuk Sanayi ve Pazarlama AS
Eaton and Cooper Industries said on May 21, 2012, they entered into transaction agreement by which Eaton will acquire Cooper through the formation of a new holding company incorporated in Ireland that will be renamed Eaton Corporation plc. Eaton said that the Amendment makes no changes to the amount or timing of payment of the scheme consideration, the conditions to the consummation of the transaction or any other substantive provisions of the transaction agreement.