According to the BNC business news website, ETN Co. PLC said on Tuesday that it agreed to acquire 50% of the shares of Yuhuan Group Zhejiang High-tech Co., Ltd. for an undisclosed amount. Yuhuan Hi-Tech is a company that produces low-voltage circuit breakers and contactors. The Dublin-based power management company said the deal expanded the range of low-voltage electrical components it sells in the Asia-Pacific region. Therefore, Eaton acquired Yuhuan Hi-Tech to expand its business scope.