12 January 2015
The company hopes that the combination of Vacon and Danfoss will see it becoming one of the World's leading players in the drives market. Vesa Laisi will be the president of the new business segment named Danfoss Drives. He will also continue as the president and CEO of Vacon Plc. Commenting on the move, he said: "Combining two strong and innovative AC drives companies will give customers an even more competitive, innovative and attractive offering of AC drives. Joining forces also means that the new business will be able to invest further in both R&D and in the sales force, which is a key success factor in our business.
Print this page | E-mail this page
This isn't a paywall. It's a Freewall. We don't want to get in the way of what you came here for, so this will only take a few seconds.
Register Now