Announced
Financials
Tags
piston compressors
Machinery: Specialty
industrial machinery
Germany
Majority
Private Equity
Friendly
Acquisition
Single Bidder
Cross Border
Private
Pending
Synopsis
Danfoss, a provider of HVAC products, agreed to acquire BOCK, a compressor manufacturer, from NORD Holding, a European private equity asset manager. Financial terms were not disclosed. “It has never been more relevant to accelerate the green transition, and efficient compressors running with Low GWP refrigerants are instrumental to achieving that target. By expanding our portfolio with the BOCK range of semi-hermetic compressors we deliver on our promise to help our customers decarbonize. The potential for cutting CO2 emissions is huge!" Jürgen Fischer, Danfoss Climate Solutions President.
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