Eaton (NYSE: ETN) completes $1.55 billion acquisition of Ultra PCS Limited

Eaton (NYSE: ETN) completed its acquisition of Ultra PCS Limited from Cobham Ultra Group for $1.55 billion, according to a company statement.

Ultra PCS Limited, headquartered in Cheltenham, U.K., produces electronic controls, sensing products, stores ejection and data processing solutions for aerospace customers. The company operates facilities in the U.K. and U.S. and estimates 2025 sales of approximately $240 million.

“With trusted products and innovative technology tailored to critical aerospace platforms, the addition of Ultra PCS enhances our mission systems offerings and strengthens our ability to support customers with the next generation of aerospace solutions,” said Pete Denk, president and chief operating officer of Eaton’s Industrial Sector.

Eaton expects the acquisition to be accretive to its Aerospace sector margins. Ultra PCS develops solutions for safety and mission-critical aerospace systems serving both military and civilian aircraft markets.