Cooper Industries Buys Pauluhn Electric
December 1, 2009 (FinancialWire) — Cooper Industries plc (NYSE: CBE) has acquired Texas-based Pauluhn Electric from Federal Signal Corp. (NYSE: FSS).
Pauluhn Electric is a provider of specialized marine, offshore and industrial lighting and connecting product solutions for harsh and hazardous locations and corrosive environments. Terms of the transaction were not disclosed.
Dublin-based Cooper Industries is a manufacturer that posted 2008 revenues of $6.5 billion, approximately 88% of which are from electrical products.
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