Eaton Corp. (ETN), Cleveland has agreed to acquire CopperLogic, Inc., a manufacturer of electrical and electromechanical systems. Terms of the deal, which are subject to customary closing conditions, were not disclosed.
According to information on its website, CopperLogic is the exclusive North American representative of Moeller industrial control products and other world class electrical components that power industry. CopperLogic, which has a U.S. office in Houston and a Canadian office in Mississauga, Ontario, also manufactures electrical and electromechanical systems that are designed with, and controlled by the components we sell. CopperLogic was founded in 2004 from Moeller's original U.S. and Canadian sales organizations. Eaton bought Germany's Moeller Group for $2.2 billion in 2008.
In a press statement, said Jerry Whitaker, president—Americas Region, Electrical Sector, said the acquisition of CopperLogic will also bring a portfolio of IEC, CSA and UL assemblies to Eaton. Details