Deal closed Jan 2013 · Reyrieux, France / Tallahassee, Fla.
Danfoss acquires remaining 50% of JV Danfoss Turbocor Compressors
Danfoss acquired full ownership of the joint venture Danfoss Turbocor Compressors, in which it had held a 50% stake since 2004. This is a manufacturer buyout of a JV stake, not a home-services roll-up.
“Danfoss announced today that it has acquired full ownership of the joint venture company Danfoss Turbocor Compressors, in which Danfoss has had a 50 percent owner’s share since 2004.”
Entities
Danfoss · Acquirer Danfoss Turbocor Compressors · Target
HVACRefrigeration
Source: www.achrnews.com
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