Articles

  • 1 week ago | news.bloombergtax.com | Aaron Kirchfeld |Ignacio González

    Eaton Corp. agreed to buy defense and aerospace systems company Ultra Precision Control Systems from private equity firm Advent. Eaton will pay $1.55 billion for the Cheltenham, England-based business to boost its portfolio in both military and civilian aircraft, it said in a statement Monday. The transaction is expected to be accretive given Ultra PCS’s strong growth and high margins, according to the statement. Shares of Eaton fell 1.3% in pre-market US trading Monday.

  • 1 week ago | ttnews.com | Aaron Kirchfeld |Ignacio González

    Business Technology Equipment June 16, 2025 10:16 AM, EDT Acquisition Boosts Eaton’s Aircraft Portfolio (Eaton via YouTube) [Stay on top of transportation news: Get TTNews in your inbox.] Eaton Corp. agreed to buy defense and aerospace systems company Ultra Precision Control Systems from private equity firm Advent.

  • 1 week ago | bloomberg.com | Aaron Kirchfeld |Ignacio González |Swetha Gopinath

    (Bloomberg) -- Eaton Corp. agreed to buy defense and aerospace systems company Ultra Precision Control Systems from private equity firm Advent. Eaton will pay $1.55 billion for the Cheltenham, England-based business to boost its portfolio in both military and civilian aircraft, it said in a statement Monday. The transaction is expected to be accretive given Ultra PCS’s strong growth and high margins, according to the statement.

  • 1 week ago | news.bloomberglaw.com | Aaron Kirchfeld |Ignacio González

    Eaton Corp. agreed to buy defense and aerospace systems company Ultra Precision Control Systems from private equity firm Advent. Eaton will pay $1.55 billion for the Cheltenham, England-based business to boost its portfolio in both military and civilian aircraft, it said in a statement Monday. The transaction is expected to be accretive given Ultra PCS’s strong growth and high margins, according to the statement. Shares of Eaton fell 1.3% in pre-market US trading Monday.

  • 4 weeks ago | news.bloombergtax.com | Redd Brown |Rachel Phua |Ignacio González

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