Diversified industrial manufacturer Eaton Corporation announced that following its acquisition of electrical equipment supplier Cooper Industries, Eaton in India hosted welcome days with Cooper employees in the country during their first week with the company. An Eaton team led by the company's India managing director Raja Kochar and Anoop Nanda, managing director for the rest of Asia in the electrical sector, visited the Cooper facilities in Chennai and Pondicherry on December 4 and 5 respectively and addressed the employees as part of the welcome days.

Eaton completed its acquisition of Cooper on November 30, 2012. The acquisition was announced on May 21, 2012 and combines Eaton and Cooper into a new, premier global power management company named Eaton Corporation PLC. "The USD 13 billion acquisition of Cooper, the largest in Eaton's 101-year history, is a transformational milestone that expands our market segment reach, broadens our portfolio of products, services and solutions, and strengthens our global geographic footprint," said Alexander M. Cutler, Eaton's chairman and chief executive officer.

"Cooper adds proven capabilities in utility power distribution, smart grid, lighting, lighting controls, wiring devices and safety solutions to Eaton's strengths in power quality, power distribution and energy services. These complementary technologies further accelerate Eaton's growth as a global integrated power management company focused on one of the most challenging megatrends of our time: the rising costs and increasing environmental impact of the world's growing energy use," Cutler added.

Combining the results of Eaton and Cooper for the four quarters ending September 30, 2012, Eaton Corporation had pro forma revenues of USD 21.8 billion and EBITDA of USD 3.3 billion. "We will soon be announcing the organisational structure for the combined operations. That leadership, working with a joint integration team of leaders from Eaton and Cooper, will be responsible for achieving the operational synergies we have identified. We anticipate the entire integration process will take 24 to 36 months, depending on business conditions," he further said.