Eaton sells automotive mirror controls business

Eaton Corp. (www.eaton.com) has completed the sale of its Mirror Controls Division to funds managed by Englefield LLP (www.englefieldcapital.com), a €1.8 billion private equity firm, for $111 million.

Eaton Corp. has completed the sale of its Mirror Controls Division to funds managed by Englefield LLP, a €1.8 billion private equity firm, for $111 million. The Mirror Controls Division, part of Eaton’s Automotive Group, employs approximately 630 people in four manufacturing operations. It produces mirror actuators and power-fold actuators for exterior mirror systems. Sales in 2006 were approximately $135 million.

Sign up for our eNewsletters
Get the latest news and updates

Comment About the Article

To join the conversation, and become an exclusive member of Electronic Design, create an account today!