Description
PDP800 Voltage regulation control module
PDP800 Voltage regulation control module
Module Clips Drive controller servo moto
PDP800 Voltage regulation control moduleSuitable for steel manufacturing, thermal power generation, hydroelectric power generation, nuclear power generation, wind power generation, gas supply, and other glass manufacturing, paper mills, mechanical manufacturing, electronic manufacturing, automotive manufacturing, aviation manufacturing, chemical manufacturing, coal mining and selection, oil and natural gas mining and selection, metal mining and selection, and non-metallic mining and selection
Signify announces plans to acquire Eaton’s lighting business, Cooper Lighting Solutions, for US$1.4 billion
Yesterday (15th), Signify announced that it had reached a final agreement with Eaton. The former planned to acquire
Eaton’s lighting business Cooper Lighting Solutions (Cooper Lighting Solutions) for US$1.4 billion in cash (equivalent to
approximately RMB 9.9 billion ) . ). The transaction is expected to close in the first quarter of 2020.
It is understood that Eaton acquired Cooper Industries, an American electrical equipment supplier, for US$13 billion on November
30, 2012. Cooper Lighting is headquartered in Peachtree City, GA, United States . It specializes in professional lighting, lighting control
components and connected lighting. It provides a variety of indoor and outdoor products and applications, with Corelite, Sold by well-known
North American brands such as Halo, McGraw-Edison, and Metalux.
Cooper Lighting achieved sales of US$1.7 billion in 2018, of which LED products contributed 84%; it achieved earnings before depreciation and
amortization (EBITDA) of US$187 million and free cash flow of US$143 million.
Signify said that this move confirms the strategic importance of the North American market to Signify. The acquisition of Cooper Lighting will significantly
strengthen Signify”s position in the attractive North American market and improve the company”s business portfolio. In the future, the company will work with
Cooper Lighting to further develop connected lighting, optimize operational efficiency, and provide customers with the highest level of service.
As traditional lighting continues to transition to LED lighting and the market demand for connected lighting systems and control components increases
, the two companies will better benefit from the growing professional lighting market in North America (currently a market size of $12 billion) .
In addition, substantial cost synergies from the transaction are expected to exceed $60 million per year, with the majority expected to be realized
within the first three years. These tangible cost synergies will come from bill of material savings as well as industry chain and procurement optimization.
After the acquisition is completed, Signify”s professional lighting division will generate more than 50% of sales. The revenue base of its growing
profit engine will increase from 4.9 billion euros to 6.4 billion euros. Sales generated in the American market will increase from 4.9 billion euros to
6.4 billion euros. 28% increased to 40%.
According to the news, the sales teams, agent networks, product and brand portfolios, marketing and product development teams
of Signify and Cooper Lighting will remain independent.
Contact: Mr. Lai
Wechat:17750010683
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Skype:+86 17750010683
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3221366881@qq.com
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1.Has been engaged in industrial control industry for a long time, with a large number of inventories.
2.Industry leading, price advantage, quality assurance
3.Diversified models and products, and all kinds of rare and discontinued products
4.15 days free replacement for quality problems
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Main products:
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