Danfoss finalized its $3.3 billion acquisition of Eaton’s hydraulics business following confirmation of all necessary regulatory approvals and closing conditions. The move will see the Danfoss Group grow in size by one-third and increase its share the in mobile and industrial hydraulics sector.

The acquired hydraulics business will be combined with the Danfoss Power Solutions business segment, adding approximately 10,000 employees worldwide. Combining the two organizations will double the size of Danfoss Power Solutions.