Acquisitions, Mergers, Partnerships…Danfoss
October 1, 2007
Danfoss has signed an agreement to acquire Chatleff Controls Inc., which was expected to be finalized Oct. 1, 2007. Chatleff Controls markets connectors and distributors for the U.S. residential air-conditioning market. The company has 250 employees and had net sales of about $42 million in 2006. Chatleff Controls will become part of the System & Assemblies business unit within the Danfoss Refrigeration & Air-Conditioning division.