Danfoss Acquires Axco

Addition of Finnish company broadens mobile electric portfolio

Danfoss has acquired AXCO-Motors, a Finnish producer of large electric motors and generators. The move adds to its mobile electrification portfolio, as well as broadening its presence in the off-highway and marine markets. Danfoss noted that it is pursuing “solutions that reduce emissions and provide efficiency and productivity gains,” the Danish company said in a press release September 4.

Axco headquarters in Lappeenranta, Finland.—Danfoss photo

“Electrification is a global megatrend and holds very strong potential in fighting pollution and climate change,” said Eric Alström, President, Danfoss Power Solutions, in the press release. “This acquisition is another commitment to broaden our mobile electrification capability as a core competency for Danfoss. It gives us the total package for serving our global markets with optimal solutions, and fully supports our customers’ needs—regardless of the chosen technologies.”

AXCO-Motors, headquartered in Lappeenranta, Finland, will be integrated into Danfoss Editron—a business within the Danfoss Power Solutions segment.

“Several of our markets, such as off-highway, marine, and distribution, are being challenged to reduce emissions and pollution,” says Kimmo Rauma, Vice President, Danfoss Editron. “Mobile electric solutions are a highly relevant technology to this challenge, and AXCO-Motors is the leading expert in the large-scale power range up to 6 MW and thus an important and complementary technology to our current product range, and our mission to end pollution.”

Meanwhile, in the states, an event that is fast becoming an annual industry highlight prepares to gear up once again. Matching 2017’s feat of visiting 38,000 miles, four continents, six countries, and 11 cities, the Danfoss Mobile CO2 Training Unit is coming back to the United States this fall. This time, the vehicle will focus on the HVAC industry, bringing accessible CO2 refrigeration systems knowledge and training to installers, service technicians, and OEM engineers in the Dallas, Atlanta, and Baltimore areas. A video of the 2016 edition can be seen above.

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