We advised Danish company Danfoss A/S in its acquisition of Visedo Oy. Visedo is a Finnish manufacturer of smart hybrid and electric drivetrains for electric vehicles across the marine industry, commercial vehicle and heavy-duty machinery sectors. The acquisition is in line with Danfoss’ strategic focus on adding electric solutions as a key competency and a key part of the company’s approach to enable electrification across global businesses.
Danfoss Group has 26,000 employees and serves customers in more than 100 countries.