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Danfoss Set to Acquire Hose & Fittings Maker Alfagomma in Italy
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Danfoss Set to Acquire Hose & Fittings Maker Alfagomma in Italy
Danfoss has entered into an exclusivity agreement to acquire Italy-based Alfagomma Group in a move that would expand the Denmark-based manufacturer’s position in hydraulic and industrial hose manufacturing and distribution. Terms of the agreement were not disclosed. Danfoss said the intended acquisition aligns with its LEAP 2030 strategy, which includes accelerating profitable growth within its Fluid Conveyance division — a core business inside …
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