MINDEN, LA – March 11, 2025 – Fibrebond announced today that it has entered into a definitive agreement to be acquired by Eaton Corporation.
Headquartered in Minden, Louisiana, Fibrebond manufactures and integrates electrical modules that power the data center, industrial, and utility sectors. The company utilizes intelligent design and automation to transform complex construction into a simplified manufactured form. Later this year, Fibrebond is completing a $150 million expansion on its Louisiana campus. Fibrebond transports its modules to infrastructure projects across the country.
“We stand firmly at the intersection of massive technological shifts. Our accelerating digital infrastructure work now drives industrial and utility growth,” said Graham Walker, President and Chief Executive Officer of Fibrebond. “Our customers build at a scale we did not foresee even a few years ago. Our team has kept up with the growth while retooling for even greater scale. Today more than ever, our customers value the delivery and cost certainty Fibrebond brings to their sophisticated projects.”
“As a private, family-owned business for 43 years, we understand that credibility and trust empower our relationships with our customers, our employee team, and our supplier partners. Not every company shares our values, but since 2015, Eaton has been a customer that honored their commitments. We are confident that Eaton will carry our vision forward and create new opportunities for the Fibrebond team and our community,” said Walker.
Post-closing, the Fibrebond leadership team will remain with the business and Fibrebond will continue operating and expanding in Minden, Louisiana.
Advisors
Stephens is acting as financial advisor to Fibrebond. Latham & Watkins LLP and Jones Walker LLP are acting as legal advisors to Fibrebond.
For more information, please contact:
Mimi Hedgcock, mimi.hedgcock@fibrebond.com
About Fibrebond
Fibrebond manufactures complex electrical modules used in the data center, industrial, and utility sectors. The company utilizes intelligent design and automation to transform and simplify construction into an efficient manufactured form. The company has operated in Louisiana since 1982.
About Eaton
Eaton is an intelligent power management company dedicated to protecting the environment and improving the quality of life for people everywhere. We make products for the data center, utility, industrial, commercial, machine building, residential, aerospace and mobility markets. We are guided by our commitment to do business right, to operate sustainably and to help our customers manage power ─ today and well into the future. By capitalizing on the global growth trends of electrification and digitalization, we’re helping to solve the world’s most urgent power management challenges and building a more sustainable society for people today and generations to come.
Founded in 1911, Eaton has continuously evolved to meet the changing and expanding needs of our stakeholders. With revenues of nearly $25 billion in 2024, the company serves customers in more than 160 countries. For more information, visit www.eaton.com. Follow us on LinkedIn.