# 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.

- Type: Acquisition
- Announced: 2019-08-01
- Where: Longmont, Colorado, United States
- Status: completed
- Capacity: motors and inverters up to 250 kW
- Products: electric motors, inverters, electric drivetrain systems
- Sectors: [Electrical Equipment](https://endata.com/sectors/electrical-equipment.md)

## Companies

- [Danfoss](https://endata.com/companies/1945.md) (acquirer)
- [UQM Technologies](https://endata.com/companies/4496.md) (target)

## Sources

- [danfoss.com](https://www.danfoss.com/en/about-danfoss/news/cf/danfoss-adds-north-american-footprint-for-electrification-and-expands-in-the-on-highway-market/), 2019-08-01: "Danfoss has announced the closing of the deal to acquire all outstanding common shares of UQM Technologies, Inc."
- [powermotiontech.com](https://www.powermotiontech.com/technologies/other-technologies/article/21887993/danfoss-expands-into-electrification-of-on-highway-market), 2019-08-21: "Danfoss A/S announced the acquisition of UQM Technologies Inc., Longmont, Colo."

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