Show the full website

EnergyWatch

Danfoss merges major divisions

Going forward, Danfoss will consist of three business legs instead of four. The Danish industrial firm will also expand its presence on individual markets following a successful local approach in China.

Photo: Casper Dalhoff/ERH

Danish industrial company Danfoss enters a new phase with a transformed business that will stand on three business legs instead of four going forward. The firm will also be banking on emerging markets in particular via a regional setup, says the company's CEO in an interview with Finans.

Chief Executive Kim Fausing is merging the firm's two major businesses Heating and Cooling under a new division named Danfoss Climate Solutions for solid, strategic reasons, he says.

Read this article for free

Register with your E-mail.
No credit card required.

Get full access for you and your coworkers.

Start a free company trial today

Receive newsletter from EnergyWatch today

NB: Subscribing to the newsletter is free.

More from EnergyWatch

Jobs

See all jobs