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Add-on acquisition · Closed Oct 2015

Danfoss acquires Dutch software company Advitronic Engineering

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Relationship map for Danfoss acquires Dutch software company Advitronic Engineeringparent ofDanfoss: PlatformDanfossAdvitronic Engineering B.V.: Operating CompanyAEAdvitronic Engineerin…
Operating CompanyPlatform

Parties
Acquirer
Danfoss
Platform
Target
Advitronic Engineering B.V.
Operating Company

Market signals

Summary

Danfoss acquired Dutch software company Advitronic Engineering B.V. to strengthen its food retail services portfolio and IoT/connectivity capabilities in refrigeration and store management.