Danfoss to Acquire Eaton's Hydraulics Business for $3.3 Billion

Danfoss has entered into an agreement to acquire Eaton's Hydraulics business for a cash purchase price of $3.3 billion. The acquisition aligns with Danfoss's strategy to strengthen its core businesses and create a global leader in mobile and industrial hydraulics. The deal is expected to close by the end of the year, subject to regulatory approvals.

“Danfoss today announced that it has entered into an agreement to acquire Eaton’s Hydraulics business for a cash purchase price of $3.3 billion.”

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