Eaton Purchased Cobham plc’s Aerospace Fluid and Air Division

11.11.2005

Eaton Corporation completed its purchase of the aerospace fluid and air division of Cobham plc. The transaction was announced September 13.

The aerospace fluid and air division of Cobham plc had 2004 sales of $210 million and EBITDA of $26 million. Cobham's fluid and air division includes FR-HiTemp, which provides low-pressure airframe fuel systems, electro-mechanical actuation, air ducting and hydraulic and power generation, and Stanley Aviation, which produces fluid distribution systems for fuel, hydraulics and air.

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Watts Water Technologies Inc. to Acquire Bradley Corporation

05.09.2023 -

Watts Water Technologies, Inc. announced that it has entered into a definitive agreement to acquire Bradley Corporation (“Bradley”) for $303 million, subject to customary adjustments. The net transaction value is approximately $268 million after adjusting for the estimated net present value of expected tax benefits of approximately $35 million. The transaction will be funded through cash on hand and the remainder from Watts’ existing revolving credit facility. The transaction is subject to customary closing conditions and necessary regulatory approvals and is expected to close in the fourth quarter of 2023.

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