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Deal closed Jul 2018 · California, United States

Danfoss buys minority stake in heat-exchanger startup Nelumbo

Danfoss purchased minority shares in California-based startup Nelumbo, which develops surface-treatment technology for heat exchangers. Strategic minority stake by an equipment maker.

“Danfoss has purchased minority shares in California-based start-up Nelumbo.”

Entities

Danfoss · Acquirer Nelumbo · Target
HVAC

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