- In July 2022, Eaton Corporation acquired a 50% stake in Jiangsu Huineng Electric Co., Ltd., marking a significant development in Eaton’s global expansion. This acquisition aims to strengthen Eaton’s presence in the Chinese electrical market and enhance its ability to provide innovative and sustainable solutions in the field of power distribution and industrial automation. By partnering with Jiangsu Huineng, Eaton is poised to tap into the growing demand for advanced electrical infrastructure and solutions in China. The move is expected to benefit Eaton by expanding its product offerings and enhancing its market share in the Asia-Pacific region. This acquisition will positively impact the market by enabling Eaton to deliver more localized and efficient power management solutions, ultimately contributing to the modernization and sustainability of China’s electrical infrastructure link
