Danfoss acquires full ownership of Sondex
Bech-Bruun assisted Danfoss with the latter's agreement to acquire Sondex.
Today, Danfoss and Sondex announced their agreement for Danfoss to acquire full ownership of privately-held Sondex Holding A/S, a global leader in heat transfer technologies with sales and production units around the world.
By joining forces with Sondex, Danfoss will now be able to enhance its strong position in the global heat transfer market and offer a broader, even more competitive and innovative product and service portfolio within heat transfer to the benefit of customers from industries such as off-shore, food & beverage and industrial refrigeration.
The transaction is subject to the approval of relevant competition authorities.
Bech-Bruun assisted Danfoss throughout the entire transaction process.