Search Menu
Photonics Media Photonics Buyers' Guide Photonics EDU Photonics Spectra BioPhotonics EuroPhotonics Industrial Photonics Photonics Showcase Photonics ProdSpec Photonics Handbook
More News
Email Facebook Twitter Google+ LinkedIn Comments

Eaton to Buy PerkinElmer's Aerospace Division for $333M
Oct 2005
CLEVELAND, Oct. 7 -- Industrial manufacturer Eaton Corp. has reached an agreement with PerkinElmer Inc. to purchase its aerospace division for $333 million. The transaction is expected to close later this year. PerkinElmer manufactures products and systems within three business units: life and analytical sciences, optoelectronics and fluid sciences, which includes the aerospace division.

Based in Beltsville, Md., PerkinElmer's aerospace division provides sealing and pneumatic systems for large commercial aircraft and regional jets. Its products are used in aircraft engines, fuel systems, cabin air and de-icing systems and hydraulic systems, as well as industrial equipment. The division had sales of $150 million and EBITDA (earnings before interest, tax, depreciation and amortization) of $35 million for FY 2005, which ended June 30. It employs 950 people in five locations -- three in the US, one in France and one in Indonesia.

Eaton Corp. manufactures electrical systems and components for fluid power systems and services for industrial, mobile and aircraft equipment; truck drivetrain systems and automotive engine air management systems, powertrain solutions and specialty controls. It had sales in 2004 of $9.8 billion and has 57,000 employees.

For more information, visit:

The technology of generating and harnessing light and other forms of radiant energy whose quantum unit is the photon. The science includes light emission, transmission, deflection, amplification and detection by optical components and instruments, lasers and other light sources, fiber optics, electro-optical instrumentation, related hardware and electronics, and sophisticated systems. The range of applications of photonics extends from energy generation to detection to communications and...
acquisitionaerospaceEatonindustrialNews & FeaturesPerkinElmerphotonics

Terms & Conditions Privacy Policy About Us Contact Us
back to top
Facebook Twitter Instagram LinkedIn YouTube RSS
©2018 Photonics Media, 100 West St., Pittsfield, MA, 01201 USA,

Photonics Media, Laurin Publishing
x We deliver – right to your inbox. Subscribe FREE to our newsletters.
We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.