Deal closed Mar 2016 Verified
Danfoss finalizes acquisition of Vacon
Danfoss finalized its acquisition of global AC drives manufacturer Vacon in May 2015, making Danfoss Drives the world's second-largest manufacturer of variable speed drives.
“In May 2015, Danfoss, a manufacturer of high-efficiency electronic and mechanical components and controls for air-conditioning, heating, refrigeration, industrial and water systems, finalized the acquisition of global AC drives manufacturer Vacon.”
Entities
Danfoss · Acquirer Vacon · Target
HVACRefrigeration
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.