Announced

Danfoss to acquire BOCK from NORD Holding.

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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