Diversified power management company, Eaton Corporation, recently introduced its business plan for the sub Saharan region at a breakfast conference attended by over 500 customers and journalists. The event was organised to mark the successful integration of three recently acquired local businesses: CHI Control, Meissner Uninterruptible Power and Norsa Electronics. The company is focused on sustainability in all business areas and aligns its operations to policies such as ethics, human resource practices, product quality and environmental safety.
According to the acquisition announcement in July, the three businesses recorded combined annual sales of $65 million (R440 million) with around 500 employees in South Africa. Now that the integration is complete, Eaton has a solid platform for serving the requirements of customers in the fast growing southern African markets. In total, Eaton currently controls five production facilities, eight distribution centres and five sales offices in the region.
Eaton brings leading power distribution technology and a global network to South Africa with a strong focus on regional development. It will help customers to manage power in a way that consumes fewer resources and protects the environment by conserving energy, reducing emissions and more efficient management of resources. The company is well positioned to assist Government and the private sector to build and upgrade critical electrical infrastructure.
“The acquisition of the businesses of CHI Control, Meissner and Norsa, is an important milestone in our ambitious long-term growth plans for the South African and sub-Saharan markets,” said Frank Campbell, president of Eaton’s electrical sector EMEA. “The acquisitions brought to Eaton an established network with strong distribution channels as well as excellent customer service and technical support that fits perfectly with its global footprint and know how. In line with this the company is focused on accelerating the introduction of new products and technologies through steady investment in research and development.”
Craig Brown, managing director Eaton electrical sector for sub–Sahara Africa stated: “CHI Control and Meissner have been major distributors of Eaton products into the South African and African markets for over 50 years. The acquisition of these businesses fits well from a knowledge, people and infrastructure perspective. Becoming part of Eaton will help boost our business with access to products and technology partners, innovations, research and development as well as opening up a number of new business opportunities such as renewable resource projects.”
For more information contact Rob Hare, Eaton Electric, +27 (0)11 824 7400, [email protected], www.eaton.com
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