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Danfoss and Sondex have announced an agreement for Danfoss to acquire full ownership of privately held Sondex Holding A/S, a global leader in heat transfer technologies.
Sondex develops, produces and markets heat exchangers,and represents a good fit to the heating business segment of Danfoss. Sondex is headquartered in Kolding, Denmark and employs approximately 1,200 persons worldwide. The parties have not disclosed the purchase price or other conditions of the transaction.
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