Danfoss Acquires US-based AAIM Controls Inc.
BALTIMORE — Danfoss announced the acquisition of AAIM Controls Inc., located in Waynesboro, Pennsylvania, As a leader in the North American industrial refrigeration market, AAIM Controls is a specialized supplier of custom-designed regulation and control automation solutions, from motor starters to complete PLC systems. With the acquisition, Danfoss moves to a strong and unique position as a systems provider within industrial refrigeration.
“We consistently look to strengthen our core businesses by partnering with other successful companies and acquiring technology that complements the solutions we offer our customers," said Jürgen Fischer, president of Danfoss Cooling. "By adding electronic regulation and control automation to our already-extensive portfolio of components for industrial refrigeration applications, we strengthen our global position by becoming a systems provider in the industrial refrigeration market.”
With global megatrends like digitalization and combatting climate change driving the industrial refrigeration market forward, the demand is increasing for bundled solutions of products, as well as intelligent control and automation, that increase energy efficiency, ensure food safety, and help in the transition to alternative, climate-friendly refrigerants.
“In the industrial refrigeration market, controllers are often seen as the central part of a system offering," said Kristian Strand, president – refrigeration and A/C controls, Danfoss Cooling. "With the addition of AAIM’s strong knowledge base and their highly specialized solutions, we gain a unique competitive advantage where we can better address these customer requirements.”
“Becoming part of the Danfoss family will give us great options for expanding into new areas, and I’m confident that the partnership with Danfoss will open up new business opportunities," said Arthur Marshall, one of the founders of AAIM Controls. "Not only do we share the same ideas of how to develop the business, but we also have the same values when it comes to our people and how to drive growth.”
Publication date: 11/19/2018