Diversified power management company Eaton Corporation unveiled its business plan for the sub-Saharan region at an event organised to mark the integration of three recently acquired local businesses: CHI Control, Meissner Control, Meissner Uninterruptible Power and Norsa Electronics.
The three businesses recorded combined annual sales of about R440 million and employ some 500 people in South Africa. With the integration completed, Eaton controls five production facilities, eight distribution centres and five sales offices across the region.
“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 market,” Frank Campbell, president of Eaton’s electrical sector EMEA, says.
Craig Brown, managing director Eaton electrical sector for sub-Sahara Africa and previously chief executive officer of the Actom low voltage equipment division, says: “CHI Control and Meissner have been major distributors of Eaton products into the South African and African markets for over 50 years. 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.”
Eaton has a recognised commitment to corporate responsibility in that it has been ranked among Fortune Magazine’s World’s Most Admired Companies as well as being ranked 16th overall in Newsweek’s Green Rankings 2010 and first in the general industrial category. The business areas and aligns its operations to the same policies, such as ethics and human resource practices with the focus on workplace safety, product quality and environmental safety.
Eaton is a global technology leader in electrical components and systems for power quality, distribution and control and is active in numerous other sectors as well. Eaton has approximately 73,000 employees and sells products to customers in more than 150 countries.