Eaton purchases South African truck components busines

 

CLEVELAND, OH...Eaton Corporation announced today that it has acquired the assets of a medium- and heavy-duty truck transmission manufacturer, Drivetrain (Pty) Ltd. of Johannesburg, South Africa, for an undisclosed amount. The company has 46 employees at its Johannesburg facility, and had sales of approximately $6 million in 1995.

Eaton said it made the acquisition in order to gain direct access for Eaton transmissions, axles, brakes and service parts to both the medium- and heavy-duty truck markets in South Africa and other sub-Saharan markets. Drivetrain's customers include Toyota, Nissan, Navistar, MAN, Mercedes, Isuzu and ERF.

The new company will be known as Eaton Truck Components (Pty) Ltd., and will move into a new facility in Johannesburg by the end of 1996.

Eaton Corporation is a global manufacturer of highly engineered products which serve vehicle, industrial, construction, commercial and aerospace markets. In addition to truck transmissions, axles and brakes, principal products include engine components, hydraulic products, electrical power distribution and control equipment, ion implanters and a wide variety of controls. Headquartered in Cleveland, the company has 54,000 employees and 150 manufacturing sites in 24 countries around the world. Sales for 1995 were $6.8 billion.

 

 

Contact Information

Renald Romain
216-523-4736
rennyromain@eaton.com