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M&A Deal Summary

Danfoss Acquires UQM Technologies

On January 21, 2019, Danfoss acquired automotive company UQM Technologies for 100M USD

Acquisition Highlights
  • This is Danfoss’ 1st transaction in the Automotive sector.
  • This is Danfoss’ 2nd largest (disclosed) transaction.
  • This is Danfoss’ 2nd transaction in the United States.
  • This is Danfoss’ 1st transaction in Colorado.

M&A Deal Summary
Date 2019-01-21
Target UQM Technologies
Sector Automotive
Buyer(s) Danfoss
Deal Type Add-on Acquisition
Deal Value 100M USD
Advisor(s) Polsinelli (Legal)

Target

UQM Technologies

Longmont, Colorado, United States
UQM Technologies, Inc. is a developer and manufacturer of power-dense, high-efficiency electric motors, generators, power electronic controllers and fuel cell compressors for the commercial truck, bus, automotive, marine, and industrial markets. A major emphasis for UQM is developing propulsion systems for electric, hybrid electric, plug-in hybrid electric and fuel cell electric vehicles.

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Buyer(S) 1

Buyer

Danfoss

Nordborg, Denmark
Category Company
Founded 1933
Sector Machinery
Employees28,000
DESCRIPTION

Danfoss is a supplier of technologies and components that meet the growing need for food supply, energy efficiency, climate-friendly solutions and modern infrastructure. The Company’s wide range of products and services are used in areas such as cooling food, air conditioning, heating buildings, controlling electric motors and powering mobile machinery.

DEAL STATS #
Overall 3 of 5
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 3
State: Colorado M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2019 M&A 1 of 1
Size (of disclosed) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2018-06-26 Nelumbo

Hayward, California, United States

Nelumbo provides radical, lasting technological improvement to the heating and cooling industry through an introduction to the latest developments in advanced materials. Nelumbo was founded in 2015 and is based in Hayward, California.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-01-21 Eaton - Hydraulics Business

Dublin, Ireland

Eaton's Hydraulics Business provides mobile and industrial hydraulics.

Buy $3.3B
Mergr

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