Danfoss completes acquisition of UQM Technologies, Colorado motor maker

Danfoss has closed its acquisition of all outstanding shares of UQM Technologies, a Longmont, Colorado developer of motors and inverters up to 250 kW. The deal adds North American electrification capacity to Danfoss's on-highway offering.

“Danfoss has announced the closing of the deal to acquire all outstanding common shares of UQM Technologies, Inc.”danfoss.com

• 2 sources
• danfoss.comDanfoss adds North American footprint for electrification and expands in the on-highway market | DanfossAug 1, 2019
• powermotiontech.comDanfoss Expands into Electrification of On-Highway Market | Power & Motion TechAug 21, 2019

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