Hot News

Eaton finalises $1.4 billion Fibrebond’s acquisition, eyes $110 million in 2025 EBITDA


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’s single electrical module unit

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.

Feyisayo Ajayi

Feyisayo Ajayi is the Publisher and Co-founder of Shore Africa, the flagship media brand under the Travel Shore umbrella. He brings over a decade of multidisciplinary experience across media, finance, and technology. Feyisayo holds a bachelor’s degree in Geology from the University of Ibadan, Nigeria.

Recent Posts

7 most valuable lenders in Kenya with over half a billion dollar valuation

Kenya’s top 10 banks dominate East Africa, shaping trade, credit, and investment while driving Nairobi…

4 hours ago

Amsons Group takes majority control of EAPCC in Kenya cement push

Amsons deepens its control of Kenya’s cement market with a majority EAPCC takeover, reshaping competition…

6 hours ago

10 of Africa’s largest deep sea ports

Africa’s deep-sea ports are evolving into high-capacity trade hubs as investments, new routes and automation…

13 hours ago

Etosha National Park blooms as rains revive wildlife

At a Glance January rains transform Etosha into a lush, green landscape ideal for photography.…

14 hours ago

10 of Africa’s biggest gold producers by volume

Africa’s top gold miners are reshaping output leadership as Ghana, South Africa and West Africa…

18 hours ago

Marble to debut its first luxury hotel in Sandton

Marble unveils its first luxury hotel in Sandton, expanding the brand’s signature hospitality experience.

19 hours ago