Acquisition in the field of electric motors and generators

With the acquisition of AXCO-Motors, a technology leader in large electric solutions (from 250 kW and up to 6 MW) for applications like maritime vessels and off-highway vehicles, Danfoss has strengthened its global position within mobile electrification. Danfoss is responding to the growing customer demand for electric solutions to reduce emissions and benefit from the efficiency and productivity gains that these solutions bring.
AXCO-Motors, headquartered in Lappeenranta, Finland, will be integrated into Danfoss Editron – a business within the Danfoss Power Solutions segment.