News

Danfoss joins forces with US-based White Drive Products

Posted on 19 Jul 2016

The Danfoss Group has announced its intent to acquire full ownership of privately-held White Drive Products, a leading manufacturer of hydraulic motors headquartered in Hopkinsville, Kentucky, USA. Danfoss says this 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.

“This acquisition confirms our strategic focus on building leading positions in our core businesses. White Drive Products is widely recognized for excellence in hydraulic drive products. 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.

White Drive Products has a strong presence in the US 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 was founded in 1976 by Harvey and Hollis White, Jr. It has manufacturing facilities in both Hopkinsville and Zhenjiang, Jiangsu, China, as well as sales and distribution offices in the US, China and Europe.

Danfoss engineers technologies that enable the world of tomorrow to do more with less. Its products and services are used in areas such as motor control and mobile machinery.