Electrical Business

Business News
Danaher and Eaton complete Apex Tool Group divestiture


February 2, 2013
By Anthony Capkun

February 1, 2013 – Danaher Corp. and Eaton say they have completed the previously announced sale of Apex Tool Group to Bain Capital. Danaher and Cooper Industries each maintained a 50% joint venture ownership interest in Apex.

Cooper Industries was acquired by Eaton in November 2012, and the divestiture of Apex Tool Group was announced in October 2012.