Eaton Closes Sale Of Mirror-Controls Unit

Unit sold to Englefield LLP for $111 million; produces actuators for external automotive mirror systems.

CLEVELAND (AP) — Diversified industrial manufacturer Eaton Corp. said Monday it completed the sale of its mirror-controls unit to private equity group Englefield LLP for $111 million.
Eaton, which primarily makes parts and systems for cars and planes, first agreed to the deal in June.
The unit, which was part of Eaton's automotive group, produces mirror actuators and power-fold actuators for external automotive mirror systems at four factories and employees 630 people.
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