FINANCIAL ADVISOR
Fibrebond Corporation
M&A Advisory
Has Been Acquired By
Transaction Details
On April 1, 2025, intelligent power management company Eaton announced it has completed the acquisition of Fibrebond, a designer and builder of pre-integrated modular power enclosures.
Under the terms of the agreement, Eaton paid $1.4 billion for Fibrebond, which is expected to generate $110 million of estimated 2025 adjusted EBITDA. Eaton expects the deal will be neutral from an earnings per share standpoint in 2025.
“We stand firmly at the intersection of massive technological shifts. Our accelerating digital infrastructure work now drives industrial and utility growth,” said Graham Walker, President and Chief Executive Officer of Fibrebond. “Our customers build at a scale we did not foresee even a few years ago. Our team has kept up with the growth while retooling for even greater scale. Today more than ever, our customers value the delivery and cost certainty Fibrebond brings to their sophisticated projects.”
“Acquiring Fibrebond’s innovative and customer-focused business is a game-changing move that positions Eaton as a one-stop shop to rapidly deploy power infrastructure where it’s needed,” said Mike Yelton, President, Americas Region, Electrical Sector at Eaton. “Their engineered-to-order power enclosures and service capabilities enhance our offerings, allowing us to move faster for our data center, industrial, utility and other customers. We couldn’t be more excited to add this critical capability for our customers in these growth markets.”
About the company
Fibrebond
Fibrebond, a family-owned business based in Minden, Louisiana, builds innovative and reliable structures that protect people and mission-critical equipment for data center, fiber, industrial, and utility markets.
Eaton
Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. It makes products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. It is guided by its commitment to do business right, to operate sustainably and to help its customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, it is helping to solve the world’s most urgent power management challenges and building a more sustainable society for people today and generations to come.
Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of its stakeholders. With revenues of nearly $25 billion in 2024, the Company serves customers in more than 160 countries.
Source: Company Press Release and public information.
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