Danfoss agrees to acquire Chatleff Controls

Danfoss signed an agreement to acquire Chatleff Controls, a maker of connectors and distributors for the U.S. residential AC market (250 employees, ~$42M 2006 net sales), expected to finalize Oct. 1, 2007, joining the Danfoss Refrigeration & Air-Conditioning division.

“Danfoss has signed an agreement to acquire Chatleff Controls Inc., which was expected to be finalized Oct. 1, 2007. Chatleff Controls markets connectors and distributors for the U.S. residential air-conditioning market.”

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