Eaton Purchased Cobham plc’s Aerospace Fluid and Air Division
Eaton Corporation completed its purchase of the aerospace fluid and air division of Cobham plc. The transaction was announced September 13.
The aerospace fluid and air division of Cobham plc had 2004 sales of $210 million and EBITDA of $26 million. Cobham's fluid and air division includes FR-HiTemp, which provides low-pressure airframe fuel systems, electro-mechanical actuation, air ducting and hydraulic and power generation, and Stanley Aviation, which produces fluid distribution systems for fuel, hydraulics and air.
Source: Eaton Corporation plc