
Danfoss adds North American footprint for electrification and expands in the on-highway market
After receiving final approval, Danfoss has announced the closing of the deal to acquire all outstanding common shares of UQM Technologies, Inc., a developer of alternative energy technologies.
UQM is a leading expert and the technology leader in motors and inverters in the power range of up to 250kW. With the acquisition, Danfoss adds an important and complementary technology to its current product...
http://www.allaboutshipping.co.uk/2019/08/01/danfoss-adds-north-american-footprint-for-electrification-and-expands-in-the-on-highway-market/