Eaton (ETN) said Wednesday it has agreed to acquire Resilient Power, a developer of EV charging depots that connect directly to the existing distribution grid.
The company did not disclose the terms of the deal and said the transaction is expected to close in the third quarter of 2025.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.