Danfoss Compressors GmbH

Danfoss Formally Completes US$3.3 Billion Acquisition of Eaton’s Hydraulics Business

Retrieved on: 
Monday, August 2, 2021
Engineering, Professional services, Manufacturing, Finance, Danfoss, Secondary sector of the economy, Companies, Danfoss Compressors GmbH, Economy of Denmark

Danfoss has officially finalized its US$3.3 billion (approximately 3 billion) acquisition of Eatons hydraulics business following confirmation of all necessary regulatory approvals and closing conditions.

Key Points: 
  • Danfoss has officially finalized its US$3.3 billion (approximately 3 billion) acquisition of Eatons hydraulics business following confirmation of all necessary regulatory approvals and closing conditions.
  • Mobile hydraulics has been one of Danfoss core and most successful businesses for over 50 years.
  • The acquisition of Eatons hydraulics business is a vital aspect of Danfoss growth strategy.
  • Eatons hydraulics business will be combined with the Danfoss Power Solutions business segment, adding approximately 10,000 employees worldwide and US$1.8 billion (around 1.5 billion) in 2020 global sales.

Analysis on Impact of COVID-19- Global Refrigerant Compressors Market 2020-2024 | Evolving Opportunities with Daikin Industries Ltd. and Danfoss AS | Technavio

Retrieved on: 
Tuesday, September 8, 2020
Other Energy, Technology, Other Technology, Manufacturing, Energy, Other Manufacturing, Heating, ventilating, and air conditioning, Physical sciences, Human activities, Gases, Danfoss, Compressor, Refrigeration, Air conditioning, Danfoss Compressors GmbH, Secop

The global refrigerant compressors market size is expected to grow by USD 4.13 billion as per Technavio.

Key Points: 
  • The global refrigerant compressors market size is expected to grow by USD 4.13 billion as per Technavio.
  • In addition, the increasing demand for air conditioning in emerging economies is anticipated to boost the growth of the Refrigerant Compressors Market.
  • Hermetic compressors and semi-hermetic reciprocating compressors are extensively used in the commercial refrigeration market; hence, the growth of the commercial refrigeration market provides a rationale for the demand for compressors.
  • Danfoss AS operates its business through various segments such as Danfoss Power Solutions, Danfoss Cooling, Danfoss Drives, and Danfoss Heating.

Danfoss Factory Among World's Smartest

Retrieved on: 
Thursday, March 14, 2019
Danfoss, Architecture, Visual arts, Aisle, Construction, Danfoss Compressors GmbH

DUBAI, UAE, March 14, 2019 /PRNewswire/ --In Danfoss' compressor factory in Wuqing, China, automatically-guided vehicles drive up and down the aisles and supply workers with components.

Key Points: 
  • DUBAI, UAE, March 14, 2019 /PRNewswire/ --In Danfoss' compressor factory in Wuqing, China, automatically-guided vehicles drive up and down the aisles and supply workers with components.
  • The list of smart technologies, which the factory has invested in over the last few years, is very long.
  • And, now, Danfoss in Wuqing has made it onto the World Economic Forum's list of 16 of the world's smartest factories.
  • Facts: The Wuqing factory has 600 employees and is one of several Danfoss factories systematically investing in and using smart technology.