Danfoss to buy Eaton Hydraulics for US$3.3 billion

January 22, 2020

Kim Fausing, Danfoss President and CEO 

Danfoss has entered into an agreement to acquire Eaton’s Hydraulics business for a cash purchase price of US$3.3 billion.

Danfoss is global company serving many different markets, including mobile hydraulics as used in construction equipment. For the first nine months of 2019 the company…

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