Eaton Acquires UK Safety Technology Manufacturer Oxalis Group Ltd.

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DUBLIN--(BUSINESS WIRE)--

Power management company Eaton ETN today announced it has acquired Oxalis Group Ltd. Headquartered in Stratford-upon-Avon, United Kingdom, Oxalis manufactures closed-circuit TV camera stations, public address/general alarm systems and other electrical products for the hazardous area, marine, and industrial communications markets. Terms were not disclosed.

“The acquisition of Oxalis is in line with our long-term strategy to continue to offer innovative solutions,” said Thomas S. Gross, Eaton vice chairman and chief operating officer, Electrical Sector. “The company's growth potential, technology leadership, strong management team and complementary product portfolio make it a strategic fit within Eaton's hazardous area communications solutions.”

“This transaction adds important hazardous area communications capabilities while expanding our closed-circuit camera station offerings,” said Bill VanLandingham, president, Eaton's Crouse-Hinds Business, Electrical Sector. “Adding Oxalis' market-leading technology to the Eaton portfolio enables us to efficiently enhance and expand our onshore compliant systems.”

Oxalis employs approximately 40 people and has two manufacturing sites in the United Kingdom.

Eaton is a power management company with 2013 sales of $22.0 billion. Eaton provides energy-efficient solutions that help our customers effectively manage electrical, hydraulic and mechanical power more efficiently, safely and sustainably. Eaton has approximately 102,000 employees and sells products to customers in more than 175 countries. For more information, visit www.eaton.com.

Eaton
Scott R. Schroeder, +1-440-523-5150

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