Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Danfoss acquires Finnish niche company Axco-Motors
September 4, 2018

Axco-Motors Oy and Danfoss have signed an asset deal regarding the transfer of operations and personnel of Axco to be integrated into Danfoss. With the acquisition of AXCO-Motors, a technology leader in large electric solutions for applications like maritime vessels and off-highway vehicles, Danfoss has strengthened its global position within mobile electrification. The financial terms of the deal have not been revealed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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