hvacrollups.com
← All signals
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

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.