Danfoss ranked No. 1 in hydraulic motors
The Danfoss Group can now call itself the world leader in hydraulic motors after closing its bid to acquire US-based White Drive Products Inc
The Danfoss Group can now call itself the world leader in hydraulic motors after closing its bid to acquire US-based White Drive Products Inc. The acquisition was finalised when competition authorities gave their approval.
Based in Hopkinsville, Kentucky, White Drive Products brings a strong portfolio, recognised expertise and significant capacity to the global Danfoss organisation. The business will be integrated in Danfoss Power Solutions, already a strong force in mobile hydraulics for construction, agriculture and other off-highway vehicles.
Complete motor portfolio
While Danfoss has a very strong presence in the European market for hydraulic motors, White Drive Products has achieved particular success in North America and China. This combined strength and application knowhow will target faster growth and market leadership in all regions by delivering an even more comprehensive product offering to the mobile machine industry.
“White Drive Products is widely recognized for excellence in hydraulic drive products and is a perfect fit for our mobile hydraulics business. With its integration in our business, we stand even stronger in international markets,†says Domenico Traverso, president of the work function division, Danfoss Power Solutions.
CATEGORIES Industry Update