Rolec manufactures integrated power assemblies and low-voltage and medium-voltage switchgear.
In addition, the electrical manufacturer provides engineering services serving mining and other heavy industrial applications in Chile and Peru.
The transaction was announced on 28 August 2012.
Eaton provides energy-efficient solutions helping customers effectively manage electrical, hydraulic and mechanical power.
With 2011 sales of $16bn, the company had about 73,000 employees and sells products to customers in over 150 countries.
