CLEVELAND--()--Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) today announced it has completed its acquisition of all of the shares of Rolec Comercial e Industrial S.A. The transaction was announced August 28, 2012.
Headquartered in Santiago, Chile, Rolec is a manufacturer of integrated power assemblies and low-voltage and medium-voltage switchgear, and a provider of engineering services serving mining and other heavy industrial applications in Chile and Peru.
Eaton Corporation is a diversified power management company with more than 100 years of experience providing energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power. With 2011 sales of $16.0 billion, Eaton is a global technology leader in electrical components, systems and services for power quality, distribution and control; hydraulics components, systems and services for industrial and mobile equipment; aerospace fuel, hydraulics and pneumatic systems for commercial and military use; and truck and automotive drivetrain and powertrain systems for performance, fuel economy and safety. Eaton has approximately 73,000 employees and sells products to customers in more than 150 countries. For more information, visit www.eaton.com.