Loading…
Danfoss has closed its acquisition of all outstanding shares of UQM Technologies, a Longmont, Colorado developer of motors and inverters up to 250 kW. The deal adds North American electrification capacity to Danfoss's on-highway offering.
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.
Danfoss has entered a definitive merger agreement to acquire all outstanding shares of UQM Technologies, a maker of motors and inverters up to 250 kW headquartered in Longmont, Colorado. UQM will become part of the Danfoss Power Solutions segment. No deal value was given.
