Eaton Corp PLC Announces Strategic Developments
Eaton Corp PLC has made several significant announcements in recent times. The company has been recognized by the Ethisphere Institute as one of the “World’s Most Ethical Companies” for the 14th consecutive year, acknowledging its commitment to ethics.
Acquisition of Fibrebond Corporation
Eaton has announced plans to acquire Fibrebond Corporation, a move aimed at expanding its presence in the multi-tenant data center market. The acquisition is expected to be completed in the third quarter of 2025.
Leadership Team Changes
Eaton has made changes to its leadership team, with Sergio Letelier being appointed as Senior Vice President, Corporate Development, Planning and Strategy.
Key Developments
- Recognition as one of the “World’s Most Ethical Companies” by the Ethisphere Institute for the 14th consecutive year
- Acquisition of Fibrebond Corporation to expand presence in the multi-tenant data center market
- Appointment of Sergio Letelier as Senior Vice President, Corporate Development, Planning and Strategy