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Eaton to spin off Mobility Group into independent vehicle powertrain company

Eaton has announced plans to separate its Vehicle and eMobility segments, together called its Mobility Group, into an independent, publicly traded company. Eaton says the move is intended to sharpen its focus on its electrical and aerospace businesses as part of its 2030 growth strategy, while positioning the Mobility business as a dedicated engineered-solutions supplier to OEMs.

Eaton expects to complete the spin-off by the end of the first quarter of 2027, subject to customary legal and regulatory requirements and approvals, including final approval from Eaton’s Board of Directors.

Eaton says a separation would give the Mobility Group more flexibility to pursue near- and long-term growth opportunities across automotive markets, while Eaton will have a focused portfolio to capitalize on strong demand in data center, utility, commercial and institutional markets, and on its Aerospace division’s growing position in the defense industry and the commercial aftermarket.

Source: Eaton

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