# 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.

- Type: Acquisition
- Announced: 2021-06-07
- Where: Hopkinsville, Kentucky; Parchim; Wroclaw
- Value: $278.3M (230.0M EUR)
- Status: announced
- Products: hydraulic motors, steering units
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Interpump Group](https://endata.com/companies/870.md) (acquirer)
- [Danfoss](https://endata.com/companies/1945.md) (partner)

## Sources

- [hengeler-news.com](https://hengeler-news.com/en/articles/hengeler-mueller-advises-danfoss-on-the-sale-of-white-drive-motors-steering-to-interpump), 2021-06-07: "The purchase price will be based on an enterprise value of EUR 230 million, plus a variable part (currently estimated at EUR 40 million)."
- [powertraininternationalweb.com](https://www.powertraininternationalweb.com/components/interpump-group-danfoss-hydraulics/), 2021-06-14: "Interpump Group announces the signing of a binding agreement for the purchase of the White Drive Motors & Steering business unit from the Danfoss Group."

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