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 EATON has been a core and successful business for Danfoss for more than 50 years. The acquisition of Eaton's hydraulics business is an important aspect of Danfoss 'growth strategy. Eaton's hydraulics business will be merged with Danfoss 'Power solutions business unit, adding about 10,000 employees and $1.8 billion (about 1.5 billion euros) in sales by 2020. Combining the two organizations will double the size of Danfoss Dynamic Solutions and triple its innovation capabilities. The enhanced Danfoss Power Solutions will have a broad selection of mobile and industrial hydraulic products and solutions on the market. [more]
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