Danfoss agrees to sell White Drive Motors & Steering to Interpump for EUR 230M

Danfoss A/S agreed to sell its White Drive Motors & Steering business to Interpump Group based on an enterprise value of EUR 230 million plus a variable part estimated at EUR 40 million. The sale is a step toward Danfoss's acquisition of Eaton's hydraulics business.

“The purchase price will be based on an enterprise value of EUR 230 million, plus a variable part (currently estimated at EUR 40 million).”hengeler-news.com

• 2 sources
• hengeler-news.comHengeler Mueller advises Danfoss on the sale of White Drive Motors & Steering to Interpump | Hengeler Mueller NewsJun 7, 2021
• powertraininternationalweb.comInterpump to buy a business unit from the Danfoss GroupJun 14, 2021

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