# Danfoss plans to acquire Italy's Alfagomma Group

Danfoss A.S. is planning to acquire Italy's Alfagomma Group to expand its fluid conveyance market share in Europe. The article's headline names a different company pair, so the details are uncertain.

- Type: Acquisition
- Announced: 2018-06-29
- Where: Italy
- Status: announced
- Products: hydraulic hoses, fluid conveyance products

## Companies

- [Danfoss](https://endata.com/companies/1945.md) (acquirer)
- [Alfagomma](https://endata.com/companies/3511.md) (target)

## Sources

- [rubbernews.com](https://www.rubbernews.com/article/20180629/NEWS/180629925/dana-acquires-majority-stake-in-tm4/), 2018-06-29: "Danfoss A.S. is making another major move in the fluid conveyance space, seeking to establish further market share in Europe with the planned acquisition of Italy's Alfagomma Group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.