# Interpump closes acquisition of Danfoss White Drive Motors & Steering business

Interpump Group closed its acquisition of the White Drive Motors & Steering business units from Danfoss, with plants in the US, Germany and Poland. The total enterprise value is 278 million euro, paid in cash.

- Type: Acquisition
- Announced: 2021-10-01
- Where: US, Germany and Poland plants
- Value: $322.5M (278.0M EUR)
- Status: completed
- 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)
- [SPCG](https://endata.com/companies/8480.md) (partner)

## Sources

- [au.marketscreener.com](https://au.marketscreener.com/quote/stock/INTERPUMP-GROUP-S-P-A-408413/news/Interpump-S-p-A-CLOSES-THE-WHITE-DRIVE-ACQUISITION-36572726/), 2021-10-01: "Interpump Group announces the closing of the acquisition of the White Drive Motors & Steering business units (with plants in the US, Germany and Poland) from Danfoss."
- [spcg.pl](https://www.spcg.pl/en/aktualnosci/facts/spcg-advised-the-danfoss-group-on-the-sale-of-white-drive-motors-and-steering/), 2021-10-07: "The total value of the transaction was EUR 278 million."

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