Eaton Corp., Cleveland, agreed to acquire the small systems business of Schneider Electric’s MGE UPS Systems for $570 million. The transaction is expected to close in the third quarter.
MGE’s small systems business employs approximately 600 people worldwide and is a global provider of power quality solutions designed to increase the availability and uptime of mission-critical applications and processes. Its products include uninterruptible power systems (UPS), power distribution units
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