Danfoss completes acquisition of UQM Technologies

Danfoss Power Solutions completed its merger with UQM Technologies, a Longmont, Colorado developer of electric motors, generators and power electronic controllers. Shareholders were paid $1.71 per share, and the deal adds North American manufacturing capacity to Danfoss.

“Payments to shareholders – at $1.71 per share – will begin immediately, subject to normal brokerage processing requirements.”nasdaq.com

• 1 source
• nasdaq.comUQM Technologies Announces Closing of Merger with Danfoss | NasdaqSep 11, 2019

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