Investment
Features
FeesSafety
Academy
More
Pluang+
|
Home/News Feed/Dana and Eaton Mobility merge to form $11B powertrain leader with $250M synergy target
ETN
$411.60
-$1.26 -0.31%

Dana and Eaton Mobility merge to form $11B powertrain leader with $250M synergy target

Company Fundamentals
11 Jun 2026
PRNewsWire
View Source
Bullish
pluang ai news

Dana Incorporated and Eaton Corporation's Mobility business are merging in a $5.1 billion deal to create a global powertrain leader with $11 billion in pro forma 2026 sales and $1.7 billion adjusted EBITDA. The combined company aims to achieve $250 million in annual synergies within two years and increase Dana's 2030 targets to $14–$15 billion in sales and 18% EBITDA margin. The transaction, structured as a Reverse Morris Trust, will have Eaton shareholders owning 50.1% and Dana shareholders 49.9%. The merger enhances product portfolios, market reach, and financial strength, with completion expected in Q1 2027 after regulatory approvals.

More News (ETN)

Global hazardous area equipment market to nearly double to $25.28B by 2035, driven by safety regulations and smart tech.

Global hazardous area equipment market to nearly double to $25.28B by 2035, driven by safety regulations and smart tech.

The global hazardous area equipment market, valued at $13.5 billion in 2025, is projected to reach $25.28 billion by 2035, growing at a CAGR of 6.48%. Growth is fueled by stricter industrial safety regulations like ATEX and OSHA, and the adoption of ...

Market News
Bullish
23 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App