HuanYu Group Co., Ltd. has agreed on a strategic investment from Eaton
HuanYu Group Co., Ltd., a leading Chinese electrical equipment manufacturer, has agreed on a strategic investment from Eaton, a global electrical giant, to form a joint venture company, HuanYu High Tech Co., Ltd., to manufacture and market low-voltage circuit breakers and contactors in China.
Founded in 1911, Eaton is a diversified power management company offering industry-leading electrical, aerospace, hydraulic and vehicle products and services. Eaton provides sustainable solutions that help its customers to operate more safely, efficiently and reliably.
HuanYu Group is a leading Chinese electrical equipment manufacturer. Founded in 1989 and headquartered in Wenzhou, China, its products are widely used across a variety of industries, including power grids, new energy, communication technology, chemicals, metal smelting, industrial manufacturing, medical and pharmaceutical, transportation and commercial building.
Oaklins’ team in Shanghai assisted HuanYu Group through a structured sale process, from the multiple phases of bidding, to valuation, and finally to SPA negotiations and closing. The team also led the vendor due diligence and facilitated and assisted in the legal and financial aspects of the transaction.
Chairman, HuanYu High Tech Co., Ltd.
Talk to the deal team
Oaklins HFG China
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