Member News: Danfoss Acquires Hydraulik Nord Fluidtechnik

NFPA Member Company News

NFPA member news is designed to inform members of key industry updates in quick, bite-sized posts that provide only the most important information. This week’s update comes from Danfoss Power Solutions.

Danfoss logoDanfoss Power Solutions recently signed an agreement to acquire Hydraulik Nord Fluidtechnik, a company specializing in hydraulic steering solutions that is based in Parchim, Germany. The acquisition is expected to be fully completed during the first quarter of 2019. The move will help expand the company’s product portfolio as well as its manufacturing capacity, particularly in the hydraulic steering market. Read the full release here.

Is your company making news? Let us know! Send your press releases regarding acquisitions, key personnel changes, moves, and expansions to Katrina Schwarz at kschwarz@nfpa.com.