Eaton completes purchase of Winner Group Holdings, Ltd.

 

 

CLEVELAND ... Diversified industrial manufacturer Eaton Corporation (NYSE:ETN) announced today that it completed its purchase of the businesses of Winner Group Holdings Ltd., a China-based company that produces hydraulic hose fittings and adapters for the greater Chinese market. The transaction was announced in November 2004.

Winner is based in Hong Kong with operations in mainland China in Shanghai, Ningbo, Guangzhou and Luzhou. It primarily serves the Chinese market with products used in stationary and mobile construction equipment applications. Winner employs about 750 people.

Eaton Corporation is a diversified industrial manufacturer with 2004 sales of $9.8 billion. Eaton is a global leader in fluid power systems and services for industrial, mobile and aircraft equipment; electrical systems and components for power quality, distribution and control; automotive engine air management systems, powertrain solutions and specialty controls for performance, fuel economy and safety; and intelligent truck drivetrain systems for safety and fuel economy. Eaton has 56,000 employees and sells products to customers in more than 125 countries.

 

Contact Information

William Hartman, vice president, Investor Relations
(216)523-4501
williamhartman@eaton.com

Gary Klasen, director, Media Relations
(216)523-4736
GaryKlasen@eaton.com