Eaton acquires remaining stake in Micro Innovation

09/2/2009 | Reuters · Forbes

Eaton Corp. acquired the remaining 50% stake of Swiss firm Micro Innovation Holding AG for an undisclosed sum. Eaton had acquired its initial stake in Micro Innovation in 2008 as part of its purchase of The Moeller Group. Micro Innovation manufactures operator terminals to control production devices and posted around $33 million in sales for 2008.

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