Danfoss agrees merger

Sandy Guthrie

24 January 2019

UQM’s headquarters

Danish manufacturer Danfoss has agreed a merger with US-based UQM Technologies, with Danfoss acquiring all outstanding common shares of UQM.

Danfoss said UQM was a leading expert and the technology leader in motors and inverters in the power range of up to 250kW, and that the…

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