Fluid Power World

  • Home
  • Technologies
    • Hydraulics
      • Cylinders & Actuators
      • Filtration/Contamination Control
      • Fittings, Couplings & Adapters
      • Fluids
      • Fluid Conditioning
      • Hose & Tubing
      • Pumps & Motors
      • Related Technologies
      • Sealing
      • Sensors & Gauges
      • Valves & Manifolds
    • Pneumatics
      • Air Preparation & Regulation
      • Compressed Air Technologies
      • Cylinders & Actuators
      • End Effectors & Grippers
      • Fittings, Couplings & Adapters
      • Hose & Tubing
      • Sensors
      • Vacuum
      • Valves & Manifolds
  • Engineering Basics
  • Trending
  • Resources
    • Digital Issues
    • Distributor Search
    • Engineering Week
    • Podcasts
    • Videos
    • Webinars / Digital Events
    • White Papers
  • Leadership
    • 2020 Leadership in Fluid Power Winners
    • 2021 Leadership in Engineering Winners
  • Women in Engineering
    • Women in Fluid Power
    • Women in Engineering
  • Design Guides
    • Design Guide Library
    • Electro-Pneumatic Regulator & Flow Controller Design
    • Hydraulic Cylinders
    • Hydraulic Filtration
    • Hydraulic Hose Assembly
    • Hydraulic Pumps
    • Pneumatic Actuators
    • Pressure Gauges
  • Events
    • Engineering Week
    • Fluid Power Tech Conference

Danfoss join forces with U.S. based White Drive Products, Inc.

By Marisa Martin | July 12, 2016

Share

The Danfoss Group has announced its intent to acquire full ownership of White Drive Products, Inc. White Drive Products is a manufacturer of hydraulic motors and the company represents an ideal match to the Danfoss business segment, Danfoss Power Solutions. Bringing Danfoss Power Solutions and White Drive Products together will create a strong global player in the hydraulic motor market.unnamed

“This acquisition confirms our strategic focus on building leading positions in our core businesses. White Drive Products is widely recognized for their excellence in hydraulic drive products and a perfect fit for our mobile hydraulics business. With White Drive Products as part of our mobile hydraulics business, we stand even stronger, in particular, in North America and China. Together, we will have an even more comprehensive and competitive product offering that our customers will benefit from”, says Niels B. Christiansen, President & CEO, Danfoss.

Both White Drive Products and Danfoss Power Solutions are well-performing companies, and combined the two businesses will be a significant player in the market with an excellent global footprint. White Drive Products has a strong presence in the U.S. and China, and Danfoss Power Solutions has a strong presence in Europe – and the two players join forces with the clear ambition of accelerating growth and becoming market leader in all regions.

“Joining forces is a great step for both Danfoss and White Drive Products, and this is a unique growth opportunity for both organizations. Together, we will have more capacity and investment for greater innovation, market synergies, and most importantly, growth, by using our increased manufacturing footprint to expand market share. We are proud that Danfoss has chosen to build upon Hollis White’s legacy of innovation and entrepreneurship”, says Rich Maddux, CEO, White Drive Products.

White Drive Products, Inc. was founded in 1976 by Harvey and Hollis White, Jr., and the company has over 700 employees and reported sales of approx. USD 100 million in 2015. White Drive Products has manufacturing facilities in both Hopkinsville and Zhenjiang, Jiangsu, China, as well as sales and distribution offices in the U.S., China and Europe.

The acquisition is subject to necessary approvals by relevant agencies, such as competition authorities. The acquisition is expected to be fully completed during the third quarter 2016. The parties have not disclosed the purchase price or other conditions of the acquisition.

Danfoss
www.danfoss.com

Other articles for you:

Default ThumbnailIs the oil and gas market ready to flip the switch on recovery? LEAP Award logoEaton’s boom stability control system wins LEAP fluid power award Danfoss accepting entries for EnVisioneer of the Year award competition Danfoss Digital Displacement pump wins Agritechnica award

Filed Under: News
Tagged With: danfoss
 

Current Digital Issue

Are hydrogen fuel cells the future for mobile machines? Prioritizing decarbonization is, without doubt, one that most countries agree with almost pure unanimity. Here, in the U.S., the Biden administration has a goal to eliminate carbons from the electric grid system by 2035. Globally, most countries are on similar timelines. But, looking ahead to 2050,…

Get Fluid Power News Direct

Fluid Power News

RSS Featured White Papers

  • High-force linear motion: How to convert from hydraulic cylinders to electric actuators and why.
  • A technical comparison: Performance of pneumatic cylinders and electric rod actuators
  • Quick Connect Couplings: A Critical Component in Hydraulic Systems

Follow us on Twitter!

Tweets by @wtwh_paulheney
Tweets by @FPW_MaryGannon

Fluid Power World 2021 Handbook

Fluid Power World
  • Hose Assembly Tips
  • Mobile Hydraulic Tips
  • Pneumatic Tips
  • Sealing & Contamination Control Tips
  • Advertise
  • About us
  • Contact Us

Copyright © 2022 WTWH Media LLC. All Rights Reserved. The material on this site may not be reproduced, distributed, transmitted, cached or otherwise used, except with the prior written permission of WTWH Media
Privacy Policy | Advertising | About Us

Search Fluid Power World

  • Home
  • Technologies
    • Hydraulics
      • Cylinders & Actuators
      • Filtration/Contamination Control
      • Fittings, Couplings & Adapters
      • Fluids
      • Fluid Conditioning
      • Hose & Tubing
      • Pumps & Motors
      • Related Technologies
      • Sealing
      • Sensors & Gauges
      • Valves & Manifolds
    • Pneumatics
      • Air Preparation & Regulation
      • Compressed Air Technologies
      • Cylinders & Actuators
      • End Effectors & Grippers
      • Fittings, Couplings & Adapters
      • Hose & Tubing
      • Sensors
      • Vacuum
      • Valves & Manifolds
  • Engineering Basics
  • Trending
  • Resources
    • Digital Issues
    • Distributor Search
    • Engineering Week
    • Podcasts
    • Videos
    • Webinars / Digital Events
    • White Papers
  • Leadership
    • 2020 Leadership in Fluid Power Winners
    • 2021 Leadership in Engineering Winners
  • Women in Engineering
    • Women in Fluid Power
    • Women in Engineering
  • Design Guides
    • Design Guide Library
    • Electro-Pneumatic Regulator & Flow Controller Design
    • Hydraulic Cylinders
    • Hydraulic Filtration
    • Hydraulic Hose Assembly
    • Hydraulic Pumps
    • Pneumatic Actuators
    • Pressure Gauges
  • Events
    • Engineering Week
    • Fluid Power Tech Conference