Danfoss acquires tech firm Artemis

Mike Hayes Consultant Editor, Construction Europe / KHL Content Studio

14 January 2021

R&D specialist to aid Danish engineering firm’s roll out of new Digital Displacement tech

Danish engineering firm Danfoss Group has announced the 100% acquisition of Edinburgh, Scotland-based hydraulics specialist Artemis Intelligent Power.

Danfoss was previously the majority shareholder in the research and development firm, in a joint venture with Mitsubishi Heavy Industries, but says the total acquisition of the company will aid the global…

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