Danfoss expands electrification capability with acquisition of world-leading expert in large electric motors and generators
Danfoss is responding to the growing customer demand for electric solutions to reduce emissions and benefit from the efficiency and productivity gains that these solutions bring.
“Electrification is a global megatrend and holds very strong potential in fighting pollution and climate change. This acquisition is another commitment to broadening our mobile electrification capability as a core competency for Danfoss. It gives us the total package for serving our global markets with optimal solutions, and fully supports our customers’ needs – regardless of the chosen technologies. This will enable further growth in the markets we serve, and I’m really looking forward to welcoming the highly experienced and knowledgeable team from AXCO-Motors,” says Eric Alström, President, Danfoss Power Solutions.
AXCO-Motors, headquartered in Lappeenranta, Finland, will be integrated into Danfoss Editron – a business within the Danfoss Power Solutions segment.
Kimmo Rauma, Vice President, Danfoss Editron, comments: “Several of our markets, such as off-highway, marine, and distribution, are being challenged to reduce emissions and pollution. Mobile electric solutions are a highly relevant technology to this challenge, and AXCO-Motors is the leading expert in the large-scale power range up to 6 MW and thus an important and complementary technology to our current product range, and our mission to end pollution.”
"We have a passion for quality and for customer-focused products that fully meet the needs and requirements of each particular client, so joining Danfoss is great for us, because we have the same focus,” says Juhana Ylikojola, CEO at AXCO-Motors. “Being part of Danfoss means bigger capacity, a broader client base and possibilities for investment in innovation and market opportunities.”
For more information:
Danfoss Media Relations
Tel: + 45 70 20 44 88
AXCO-Motors Press Contact
Tel: +358 400 48 0674 or +358 50 520 6163
AXCO-Motors was founded in 2004 in Lappeenranta, Finland and has great experience in suppling demanding electrical solutions from the design phase all the way to the delivery. AXCO-Motors delivers motors and generators for the marine industry, large generators for hydropower plants and generators for wind turbines. The products also include a wide range of adaptable direct-drive permanent magnet motors and generators for several gearless industrial applications. More information at www.axcomotors.com