Eaton announces agreement to combine Mobility Group with Dana
The Reverse Morris Trust transaction values the combined company at over $10 billion, with Eaton shareholders owning at least 50.1%.
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Power management and industrial technology company
eaton.comLast updated
In short: Eaton reported record first-quarter 2026 financial results, announced a $5.1 billion mobility unit deal, and completed its acquisition of Boyd Thermal.
The Reverse Morris Trust transaction values the combined company at over $10 billion, with Eaton shareholders owning at least 50.1%.
The Mobility Group expands its Breaktor portfolio with single-pole variant, 24-volt controls, ASIL-D safety, and 35kA interruption capability. It will be showcased at ACT Expo May 4–7 in Las Vegas.
The software uses motor current signature analysis and machine learning to predict motor and pump issues 30% earlier and 25% more accurately, boosting uptime and energy efficiency without additional sensors.
It places Eaton in top 4% of 150,000 companies worldwide. Achieved for 10th year, reflecting sustained sustainability progress.
Janus Henderson Investors, an investment management company, released its “Forty Fund” first-quarter 2026 investor letter. A copy of the letter can be downloaded here. Fund...
Auto parts manufacturer Dana has agreed to combine with Eaton's Mobility business in a deal that values the unit at $5.1 billion.
Dana said on Thursday it would combine with Eaton's mobility business in a deal valuing the unit at about $5.1 billion, as the auto supplier...
Traded as low as $375.04; lowest intraday level since May 20, 2026, when it hit $371.46 --Down 6.64% at today's intraday low; largest intraday percent...
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