US Manufacturer Agrees to Chile Buy

US Manufacturer Agrees to Chile Buy

Chile M&A US

Cleveland, Ohio-based Eaton Corporation is poised to acquire Santiago, Chile-based Rolec Comercial e Industrial, subject to closing conditions, the company says. Rolec is a 73-year-old family business with 630 employees, according to a source familiar with the business. It makes integrated power assemblies and switchgear, with products used in Chile and Peru for mining and other industrial applications. Eaton, meanwhile, cites Rolec’s relationships as valuable to its growing business in Chile an

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