Danfoss buys minority stake in Nelumbo

Danfoss purchased minority shares in Nelumbo, an American start-up in Hayward, California, that has developed a surface treatment technology for heat exchangers. The investment aims to enhance Danfoss's HVAC offerings.

“The partnership with Nelumbo clearly demonstrates our ambition to invest in new, innovative technology and always look to engineer a better future.”danfoss.com

• 2 sources
• danfoss.comDanfoss buys minority shares in Nelumbo | DanfossJun 26, 2018
• danfoss.comDanfoss buys minority shares in Nelumbo (US) | DanfossJun 26, 2018

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