Danfoss Discusses Acquisition Mode

February 19, 2007
/ Print / Reprints /
/ Text Size+

DALLAS - “Through organic growth and recent acquisitions, Danfoss is really investing in the North American market in order to be better positioned to serve the growing needs of our customers,” commented John Galyen, president of Danfoss Refrigeration & Air-Conditioning, North America, at a briefing to the trade press during the 2007 Air-Conditioning, Heating, Refrigerating Exposition.

Galyen was commenting on a number of acquisitions in recent years and noted how the Denmark-headquartered company was seeking to grow in the Western Hemisphere.

“Those business transactions are part of our global strategy to enhance our products and services in the North American market,” he said. The company’s North American headquarters is in Baltimore.

It was noted that in July 2004, Danfoss A/S and Montreal-based Turbocor Inc. announced the formation of a 50/50 joint venture. Today, that joint venture is known as Danfoss Turbocor Compressors, now headquartered in Tallahassee, Fla.

In September 2006, Danfoss acquired Hago Manufacturing Co. Inc., which produces steel nozzles for large and small oil burners and for other industrial applications.

Hago is now part of Danfoss Burner Components. Danfoss produces brass oil nozzles, whereas Hago produces the steel nozzles. In September 2006, Danfoss completed the acquisition of Scroll Technologies, the Arkadelphia, Ark., manufacturer of scroll compressors for HVACR applications.

“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,” said Ricardo Schneider, vice president of global air-conditioning.

The Arkadelphia plant produces compressors from 3.5 to 10 tons, using R-22, R-407C and R-410A refrigerants - suitable for commercial, light commercial, and the upper range of residential air conditioning applications.

Most recently, in December 2006, Danfoss acquired Conyers, Ga.-based Aztec Energy Partners, which provides energy management services to the food retail industry. The two companies have been collaborating since 2004 in the U.S. market, providing equipment and energy savings solutions to food retail customers.

Publication date: 02/19/2007

Did you enjoy this article? Click here to subscribe to The NEWS Magazine

You must login or register in order to post a comment.



Image Galleries

2014 MCAA Annual Convention

Scenes from the 2014 MCAA Annual Convention in Scottsdale, Ariz.


Kyle Gargaro, editor-in-chief of The NEWS, hosted the 2014 ACCA CEO Forum. At the event, six well-known, highly respected company executives, Gary Michel, Ingersoll Rand/Trane; Chris Nelson, Carrier Corp.; Chris Peel, Rheem Mfg. Co.; Rod Rushing, Johnson Controls; Brent Schroeder, Emerson Climate Technologies; and Doug Young, Lennox; provided individual industry outlooks and fielded questions directly from attending contractors. Listen to the entire event on the NEWSMakers podcast. Posted on April 14.

More Podcasts



NEWS 04-14-14 cover

2014 April 14

Check out the weekly edition of The NEWS today!

Table Of Contents Subscribe


Which statement on service calls best applies to your business?
View Results Poll Archive


2014 National Plumbing & HVAC Estimator

Every plumbing and HVAC estimator can use the cost estimates in this practical manual!

More Products

Clear Seas Research


Clear Seas ResearchWith access to over one million professionals and more than 60 industry-specific publications, Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.


Magazine image
Register today for complete access to Get full access to the latest features, Extra Edition, and more.


facebook icontwitter iconyoutube iconLinkedIn i con