Eaton Completes Purchase of Industrial Filtration Business of Hayward Industries
Diversified industrial manufacturer Eaton Corporation today announced it completed its purchase of the industrial filtration business of Hayward Industries, Inc. Terms were not disclosed. Eaton announced plans to purchase the business on July 8.
Hayward's industrial filtration business had sales of about $100 million over the last 12 months, and employs 530 people worldwide. Hayward Filtration produces filtration systems for industrial and commercial customers worldwide and is a global leader in liquid, high-purity bag filtration systems. Its primary markets include general industrial, petro-chemical, pharmaceutical, food and beverage, power utilities, marine and water.
Eaton Corporation is a diversified industrial manufacturer with 2004 sales of $9.8 billion. Eaton is a global leader in electrical systems and components for power quality, distribution and control; fluid power systems and services for industrial, mobile and aircraft equipment; intelligent truck drivetrain systems for safety and fuel economy; and automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety. Eaton has 57,000 employees and sells products to customers in more than 125 countries.
Source: Eaton Corporation plc