Danfoss Group acquires Vacon to strengthen market leadership

摘要

The global AC drives manufacturer Vacon is now part of the Danfoss Group, effective December 1, 2014. In September, Danfoss announced a public tender offer to acquire all the shares of Vacon. By the end of November, it obtained approvals from all the relevant authorities and has now holds more than 90 per cent of Vacon shares and voting rights in the company. The combination of Vacon and Danfoss will create one of the world's leading players in the drives market, leveraging the best of the two.