In a bold move to dominate the booming data center market, Eaton Corp. announced Tuesday that it has agreed to acquire Louisiana-based Fibrebond Corp. in a $1.4 billion deal, setting the stage for a powerful expansion of its electrical solutions portfolio.
With global demand for data processing and cloud storage surging, the acquisition signals Eaton’s strategic push to fortify its presence in high-growth industries. The deal, expected to close in Q3 2025, is subject to standard regulatory approvals.
A Strategic Fit for Eaton’s Expanding Portfolio
Fibrebond, a leader in manufacturing and integrating electrical modules, serves a diverse customer base, including data centers, industrial operators, utilities, and communication providers. With estimated revenues of $378 million for the 12 months ending February 28, the company brings engineering prowess and customer-driven solutions that align seamlessly with Eaton’s market ambitions.
“Fibrebond’s expertise in modular electrical solutions enhances our ability to serve customers in rapidly growing markets, particularly the multi-tenant data center sector,” said Mike Yelton, President of Eaton’s Americas Electrical Sector. “Their full-service approach allows us to better address the accelerating demand for power infrastructure.”
