Danfoss acquires industrial refrigeration specialist
November 19, 2018
Danfoss has announced the acquisition of AAIM Controls Inc., a specialized supplier of custom-designed regulation and control automation solutions in the industrial refrigeration market.
Jurgen Fischer, president of Danfoss Cooling, said, “We consistently look to strengthen our core businesses by partnering with other successful companies and acquiring technology that complements the solutions we offer our customers.
”By adding electronic regulation and control automation to our already-extensive portfolio of components for industrial refrigeration applications, we strengthen our global position by becoming a systems provider in the industrial refrigeration market.”
With global megatrends such as digitalization and combatting climate change driving the industrial refrigeration market, the demand is increasing for bundled solutions of products, as well as intelligent control and automation, that increase energy efficiency, ensure food safety and help in the transition to climate-friendly refrigerants.
”In the industrial refrigeration market, controllers are often seen as the central part of a system offering. With the addition of AAIM’s strong knowledge base and their highly specialized solutions, we gain a unique competitive advantage where we can better address these customer requirements,” said Kristian Strand, president – refrigeration and A/C controls, Danfoss Cooling.
AAIM Controls was founded in 2003 and employs 24 people at its facility in Waynesboro, Penn.