Sauer-Danfoss now just Danfoss

Oct. 8, 2013 – 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.

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.”

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.”

Related links

powersolutions.danfoss.com