Eaton Corp., Cleveland, has acquired the remaining 50 percent ownership in Schreder-Hazemeyer (S-H) from Schreder SA for an undisclosed cash amount. Schreder-Hazemeyer is a manufacturer of low- and medium-voltage electrical distribution switchgear based in Brussels, Belgium. The company has 40 employees. The acquisition will allow Eaton to expand its product offering to customers in S-H’s key markets, which include Belgium, Burundi, Congo and Rwanda. S-H will also work closely with Eaton’s
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.