Eaton News

Danfoss A/S And Bitten & Mads Clausen’s Foundation Implements Generational Succession

Danfoss A/S and Bitten & Mads Clausen’s Foundation are about to implement a well-planned generational succession of the representatives of its family ownership. This means that, following decades of passionate contribution to Danfoss and the Foundation, Jørgen Mads Clausen at Danfoss A/S and Peter Mads Clausen at Bitten & Mads Clausen's Foundation will be passing the baton on to the next generation of the family in 2022. foundation- and family ownership...

Danfoss Announces Acquisition Of Eaton’s Hydraulics Business To Expand Its Business Operations

Danfoss has entered into an agreement to acquire Eaton’s Hydraulics business. The acquisition marks a major milestone in the company’s history and its Going Great strategy.  Danfoss announces that it has entered into an agreement to acquire Eaton’s Hydraulics business for a cash purchase price of 3.3 billion USD (approximately 3.0 billion EUR). The acquisition is fully in line with Danfoss’ strategy to strengthen its core businesses and enhance customer value. Benefitin...