ACQUISITION
Power management company Eaton has acquired a controlling interest in Ulusoy Elektrik, a manufacturer of medium-voltage electrical equipment based in Ankara, Turkey. The acquisition will help Eaton develop innovative power solutions for the African market. “The acquisition of Ulusoy Elektrik complements Eaton’s International Electrotechnical Commission standard (IEC) portfolio and strengthens our ability to provide tailored medium-voltage solutions,” said Eaton Electric Africa MD Seydou Kane.
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