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Danfoss acquires Sondex, a big player in heat exchangers

By Niranjan Mudholkar,

Added 14 July 2016

Acquisition confirms Danfoss’ strategic focus on building leading positions and accelerating profitable growth.

Danfoss and Sondex have announced an agreement for Danfoss to acquire full ownership of privately-held Sondex Holding A/S, a global leader in heat transfer technologies. Sondex develops, produces and markets heat exchangers, and the company represents an ideal match to the Danfoss Heating business segment. Thus the acquisition confirms Danfoss' strategic focus on building leading positions and accelerating profitable growth. 

"Sondex is a well-performing company with a second-to-none heat exchanger expertize, which perfectly fits our ambition to further strengthen our position within heat transfer solutions. By joining forces we are able to offer a broader, even more competitive and innovative product and service portfolio within heat transfer to the benefit of our customers," says Niels B. Christiansen, President & CEO, Danfoss.

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