Alfagomma

Danfoss has finalized its US$3.3 billion acquisition of Eaton's hydraulics business after all regulatory approvals and closing conditions were met. The deal makes Danfoss Power Solutions a global leader in mobile and industrial hydraulics.

Danfoss entered an exclusivity agreement to conclude the acquisition of Italian hose and fittings maker Alfagomma, which would be combined with its Fluid Conveyance division. No purchase price was disclosed.

Danfoss A.S. plans to acquire Italy's Alfagomma Group to gain further market share in Europe in fluid conveyance.

Danfoss A.S. is planning to acquire Italy's Alfagomma Group to expand its fluid conveyance market share in Europe. The article's headline names a different company pair, so the details are uncertain.