Danfoss agrees to acquire Chatleff Controls

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.

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

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