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Danfoss acquires German company

"Bringing Danfoss Power Solutions and Hydraulik Nord Fluidtechnik together will create a strong global player in the hydraulic steering market," writes Danfoss in a press release.

Photo: Danfoss/PR

Danfoss has acquired German hydraulic steering company Hydraulik Nord Fluidtechnik.

"Hydraulik Nord Fluidtechnik has a documented track record in serving large customers, and it represents an ideal match for Danfoss Power Solutions that will expand the product portfolio and increase manufacturing capacity. Bringing Danfoss Power Solutions and Hydraulik Nord Fluidtechnik together will create a strong global player in the hydraulic steering market," writes Danfoss in a press release.

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