At a Glance
- Eaton acquires Fibrebond for $1.4 billion, expanding its power solutions in key sectors.
- The acquisition aims to generate $110 million in adjusted EBITDA for 2025.
- Fibrebond’s expertise in modular power enclosures strengthens Eaton’s position in data centers and utilities.
Eaton Corporation, a global leader in intelligent power management, has announced the successful completion of its $1.4 billion acquisition of Fibrebond, a prominent designer and manufacturer of pre-integrated modular power enclosures.
The acquisition is projected to generate an estimated $110 million in adjusted EBITDA for 2025, reinforcing Eaton’s position in the rapidly expanding power infrastructure market.
Eaton expands with Fibrebond acquisition
The $1.4 billion deal, which was finalized following an agreement earlier this year, will allow Eaton to expand its offerings in data centers, industrial sectors, utilities, and other key growth markets.
Mike Yelton, President of Eaton’s Americas Region, Electrical Sector, stated, “This acquisition is a game-changing move that positions Eaton as a one-stop shop to deploy power infrastructure quickly, enhancing our customer solutions across various sectors.”
Fibrebond, headquartered in Minden, Louisiana, specializes in building customized power enclosures and has garnered a reputation for delivering reliable and innovative solutions for mission-critical applications.
Eaton strengthens growth with acquisition
The company, which estimates revenues of $378 million for the 12 months ending February 2025, boasts a state-of-the-art manufacturing facility that will enhance Eaton’s capabilities in delivering rapid and scalable solutions for customers.
For Eaton, this acquisition aligns with its mission of driving sustainable growth through electrification and digitalization, enabling the company to offer more integrated solutions for its diverse customer base.
With a commitment to improving the quality of life and safeguarding the environment, Eaton is poised to further solidify its leadership in the global power management industry.
