AMES, Iowa -- (BUSINESS WIRE) -- Sauer-Danfoss has officially changed its name to Danfoss and now operates as a new business segment called Danfoss Power Solutions within the Danfoss Group. Danfoss is globally recognized for its innovative, energy-efficient solutions in a variety of industries, and adopted the Sauer-Danfoss business into its business structure through the acquisition earlier this year.
The experts at Danfoss Power Solutions will continue to provide mobile hydraulic solutions. OEMs will be able to work with their existing contacts on new and ongoing product development projects. Technical service, applications know-how, and a focus on advanced hydraulic and electrohydraulic components and systems continue to be key elements in the company’s strategy.
In the long-term, OEMs can expect to benefit from the wider global network and broader technology base that Danfoss has to offer – and the synergies that arise when two technology companies come together. Employing 23,000 people worldwide, Danfoss has a top market ranking in all core business areas, including refrigeration and air conditioning controls, power electronics, heating, and mobile hydraulics.
One strong global brand
Like Danfoss, Danfoss Power Solutions is committed to the highest quality, delivery and performance standards, and will continue to follow these standards going forward. By pairing competencies with an organization committed to innovation and R&D, Danfoss will continue to fuel the innovation that has enabled Sauer-Danfoss to serve as an innovative leader within the mobile hydraulic industry.
“By joining Danfoss, we become part of one strong global brand with a high level of commitment to R&D. This will drive innovation forward and allow us to stay focused on serving our customers,” says Eric Alström, former Sauer-Danfoss President and CEO who continues this role for the new Danfoss Power Solutions business segment.
“The merger also ensures our customers a high degree of continuity. Danfoss has had a long-standing relationship with Sauer-Danfoss through its board-level involvement, and has helped shape our existing strategy that we will continue to pursue.”
A milestone for Danfoss
Danfoss CEO Niels B. Christiansen emphasizes that the merger is a milestone in the history of Danfoss.
“This is an extremely important step for the entire Danfoss Group. Sauer-Danfoss is a well-run global company so, for us, it marks the convergence of two equal units that will become stronger as a result. Together, we will discover synergies, learn from each other and build on common principles, bringing long-term benefits for all our customers.”
For more information: powersolutions.danfoss.com
Danfoss is a global leader focused on energy-efficient solutions that save energy and costs, and reduce carbon emissions. The company’s wide range of products and services are used in areas such as cooling food, air conditioning, heating buildings, controlling electric motors and powering mobile machinery. The company is also active in the field of solar and wind power as well as district heating and cooling infrastructure for cities and urban communities. Danfoss was founded in 1933 in Nordborg, Denmark. Today, the Group employs around 23,000 employees and sells its products in more than 100 countries around the world. Read more about Danfoss at www.Danfoss.com. Learn about its energy-efficient solutions at: http://www.danfoss.com/SolutionsReady/