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Majority stake Announced Sep 2007

Danfoss agrees to acquire Chatleff Controls

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Relationship map for Danfoss agrees to acquire Chatleff Controlsparent ofDanfoss: PlatformDanfossChatleff Controls Inc.: Operating CompanyCCChatleff Controls Inc.
Operating CompanyPlatform

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Acquirer
Danfoss
Platform
Target
Chatleff Controls Inc.
Operating Company

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Summary

Danfoss signed an agreement to acquire Chatleff Controls, an Austin-based maker of connectors and distributors for the U.S. residential AC market with ~$42M in 2006 sales, expected to finalize Oct. 1, 2007. Chatleff joins Danfoss's Refrigeration & Air-Conditioning division.

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