Fibrebond Corporation, a designer and manufacturer of pre-integrated modular power enclosures for data center, industrial, utility, and communications clients, comes into an agreement to getting acquired by Eaton, the company stated. The agreement states that Eaton would pay $1.4 billion to acquire Fibrebond, which is anticipated to produce $110 million in adjusted EBITDA in 2025.
Based in Minden, Louisiana, Fibrebond Corporation creates reliable and inventive structures for the data center, fiber, industrial, and utility sectors that safeguard people and vital equipment. The company projects that its sales for the 12 months ending February 28, 2025, will be around $378 million.
Eaton is an intelligent power management company committed to preserving the environment and raising everyone’s standard of living. The company develops products for the commercial, industrial, machine building, data center, utility, residential, aerospace, and mobility markets.
The company’s dedication to conducting business ethically, operating sustainably, and assisting customers in managing power now and in the future serves as its compass.
Eaton is contributing to the resolution of the most pressing power management issues facing the globe and creating a more sustainable society for present and future generations by leveraging the global growth trends of electrification and digitization.
The deal is anticipated to close in the third quarter of 2025, subject to standard closing conditions. In 2025, Eaton anticipates that the purchase will have no effect on earnings per share.
Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries.
For Further Info, CLICK HERE
