Chatleff Controls will become part of the System & Assemblies business unit within the Danfoss Refrigeration & Air-Conditioning division.
Acquisition...Danfoss
Danfoss has signed an agreement to acquire Chatleff Controls Inc. The
agreement is expected to be finalized Oct. 1, 2007. Chatleff Controls is based
in Austin, TX, and markets connectors and distributors for the U.S. residential
air-conditioning market. The company has 250 employees and had net sales of
approximately $42 million in 2006.
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