# Danfoss acquires Hydraulik Nord Fluidtechnik in Parchim, Germany

Danfoss signed an agreement to acquire privately held Hydraulik Nord Fluidtechnik, a supplier of hydraulic steering solutions based in Parchim, Germany. The deal is intended to expand Danfoss Power Solutions' product portfolio and manufacturing capacity.

- Type: Acquisition
- Announced: 2018-12-19
- Where: Parchim, Germany
- Status: announced
- Products: hydraulic steering solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Danfoss](https://endata.com/companies/1945.md) (acquirer)
- [Hydraulik Nord Fluidtechnik](https://endata.com/companies/4364.md) (target)

## Sources

- [danfoss.com](https://www.danfoss.com/en/about-danfoss/news/cf/danfoss-acquires-hydraulik-nord-fluidtechnik/), 2018-12-19: "Today, Danfoss has signed an agreement to acquire privately held Hydraulik Nord Fluidtechnik, a well-established supplier of hydraulic steering solutions based in Parchim in Germany."

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