Eaton to sell mirror controls division for $111 mln


June 22 (Reuters) - Eaton Corp. said it will sell its mirror controls division to funds managed by private equity firm Englefield Capital LLP for $111 million as the division did not fit its long-term strategic plan. The division, part of Eaton's automotive group, makes mirror actuators and power-fold actuators for exterior automotive mirror systems, and had sales of about $135 million in 2006, the diversified manufacturer said in a statement. (Reporting by Shailesh Kuber in Bangalore)

Premium Content (PAID Subscription Required)

"Eaton to sell mirror controls division for $111 mln" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!

For pricing and subscription information please contact
Lisa Williamson by email: or phone: (248) 799-2642

Current subscribers, please login or CLICK for support information.

Already registered? here.

Feb 10, 2017

Volvo V60 Polestar 2.0L Turbo/Supercharged DOHC 4-cyl. -- 2017 Award Acceptance

Stefan Hermelin, general manager-Monitoring & Concept Center, accepts Volvo Cars' award at the 2017 Wards 10 Best Engines ceremony....More


Follow Us

Sponsored Introduction Continue on to (or wait seconds) ×