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Boyd Thermal is a leader in thermal components, systems and ruggedized solutions for data centers, aerospace and other end markets. Under the terms of the agreement, Eaton will pay $9.5 billion, which represents 22.5 times Boyd Thermal’s estimated adjusted EBITDA for 2026*.

Boyd is the trusted global innovator of sustainable solutions that make our customers’ products better, safer, faster, and more reliable.

Boyd Announces Sale of its Thermal Business to Eaton for $9.5 Billion

The Company currently operates locations in Canada under the trade names Boyd Autobody & Glass and Assured Automotive, as well as in the U.S. under the trade name Gerber Collision & Glass.

For over 65 years, Boyd Industries has set the benchmark for premium operatory equipment. Our commitment to quality means that nearly every component is manufactured in-house, here in the USA.

At Boyd Memorial Hospital, we’re committed to bringing high-quality care close to home. Through partnerships with trusted physician groups and larger health networks, Physicians and Nurse Practitioners at Boyd connect patients with expert telemedicine services to ensure the best care possible.

CHICAGO -- The way Cubs manager Craig Counsell phrased it, veteran lefty Matthew Boyd woke up on Wednesday morning as a healthy player. In a matter of hours, a fluke setback while at home created yet another obstacle for the North Siders to try to overcome in the weeks ahead.