Danfoss acquires tech firm Artemis
14 January 2021
R&D specialist to aid Danish engineering firm’s roll out of new Digital Displacement tech
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 firm, in a joint venture with Mitsubishi Heavy Industries, but says the total acquisition of the company will aid the global…