Acquisition Completed

October 9, 2006
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BALTIMORE - Danfoss completed its acquisition of Scroll Technologies, the Arkadelphia, Ark., manufacturer of scroll compressors for HVACR applications. The move significantly expands the company's position in the commercial and high-end residential segments of the air conditioning market.

"We are very enthused about the addition of Scroll Technologies and its excellent skilled workforce in Arkansas. Combined with our other compressor-manufacturing plants worldwide, this acquisition well positions Danfoss as a global manufacturer of high-quality compressors for commercial air conditioning applications," said Ricardo Schneider, vice president of Danfoss Air Conditioning.

"Because the compressor is the heart of an air conditioning system, we have the opportunity to continue to advance air conditioning technology for better energy efficiency and responsible use of refrigerants. Applying our engineering resources toward these ends, in partnership with our customers, supports our concept of EnVisioneering a positive future for our industry."

"With the addition of Scroll Technologies, our range now covers from 3.5 to 30 tons," said John Galyen, president, Danfoss North America Refrigeration & Air Conditioning. "This really rounds out our family of compressors and controls."

Publication date: 10/09/2006

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