Danfoss acquires tech firm Artemis
14 January 2021
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, in a joint venture with Mitsubishi Heavy Industries, but says the total acquisition of the company will aid its global rollout of its new Digital Displacement pump technology.
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