Eaton Electrical Americas Region Power Distribution president Rich Stinson said, "Rolec’s strong customer relationships and long history will help boost Eaton’s business in target growth markets in Chile and Peru, including mining, pulp and paper, and energy infrastructure."
The latest deal is subject to customary closing conditions.
Diversified power management company, Eaton provides energy-efficient solutions and had sales of $16bn in 2011.
Chile-based Rolec also provides engineering services and serves mining and other heavy industrial applications in Chile and Peru.