Eaton Merges with Dana in $5 Billion Deal

Editorial: Dana-Eaton deal good for community

Dana Inc. has been instrumental to Greater Toledo prosperity since it moved here from New Jersey in 1928 to be closer to the automakers in Detroit. The ...

Eaton merges with Dana in $5 billion deal

Imager: mastersky/stock.adobe.comPower management company Eaton has announced a new $5 billion agreement with drivetrain supplier Dana that will see Eaton’s mobility group combined with the latter. The transaction will see Eaton separate and combine its mobility group with Dana in a move that will create a combined company valued at more than $10 billion. The transaction, which is expected to close in the first quarter of 2027, will see Dana’s i…

Eaton to Combine Mobility Group With Dana Incorporated – tEDmag

Eaton will separate and combine its Mobility Group with Dana, creating a combined company valued at over $10 billion.

Dana, Eaton Mobility combination signals powertrain prowess

Sources: Dana Inc., Maumee, Ohio; CP staff Dana Inc., widely known in the commercial vehicle business for its Spicer series axles, has entered a definitive agreement to merge with the Mobility business of Cleveland-based Eaton Corp., following a sequence of transactions scheduled to close July 1. The combination will integrate Dana’s global powertrain, thermal, and sealing technologies with Eaton Mobility’s…