Eaton Acquires 50% Stake in Circuit Breaker Business of Huineng

American- Irish multinational power management company, Eaton has completed 50% stake acquisition of low voltage circuit breakers manufacturer and marketer, Jiangsu Huineng Electric Co. Ltd.

Jiangsu Huineng Electric Co. Ltd is a Chinese high-tech electrical equipment manufacturer. It was founded in 2007 and headquartered in Zhenjiang, China, its products are widely used and recognized across key markets including wind and solar and power plants.

Howard Liu, President, Asia-Pacific Region, Electrical Sector, Eaton, stated, “This strategic relationship marks an important milestone in Eaton’s growth strategy. The combination of application-tailored products with our global distribution channels positions to capitalize on opportunities in high-growth market segments such as renewable energy, grid modernization, commercial buildings and industrial.”

Dublin headquartered Eaton is an intelligent power management company dedicated to improving the quality of life and protecting the environment for people everywhere.