Chatleff Controls will become part of the System & Assemblies business unit within the Danfoss Refrigeration & Air-Conditioning division.
September 12, 2007
Danfoss has signed an agreement to acquire Chatleff Controls Inc. The agreement is expected to be finalized Oct. 1, 2007. Chatleff Controls is based in Austin, TX, and markets connectors and distributors for the U.S. residential air-conditioning market. The company has 250 employees and had net sales of approximately $42 million in 2006.