News
TWO STRONG BRANDS
OFFICIALLY FINALISE MERGER
Danfoss has formally completed its acquisition of German compressor manufacturer BOCK GmbH .
The completion of the acquisition reinforces Danfoss ’ position as a preferred destination for ‘ greener ’ cooling and heating solutions . The announcement is made in parallel with Danfoss releasing strong 2022 results , which demonstrate the huge growth potential in products and solutions that contribute to meeting global and regional climate goals .
Unifying these two strong brands adds BOCK ’ s 90 years of compressor innovation to Danfoss ’ decades as a full-solution leader . BOCK ’ s best-in-class technology is a natural fit for Danfoss ’ existing compressor portfolio and will accelerate decarbonisation with climate-friendly and energy-efficient cooling and heating solutions .
BOCK ’ s team of 400 dedicated experts and specialists officially became a part of the Danfoss family on March 1 , 2023 .
BOCK ’ s renowned CO 2 and low-GWP semi-hermetic reciprocating compressors and condensing units expand Danfoss ’ position as a full-service provider for greener cooling and heating solutions from products and solutions to components and support – all backed by a global presence . The brands ’ shared commitment to innovation , expertise and support will help fast-track decarbonised cold chain and heating systems worldwide .
Kristian Strand , president , Danfoss Commercial Compressors says : “ When there ’ s more than one road to decarbonisation , there ’ s no such thing as too many solutions . By adding BOCK ’ s world-leading technology to Danfoss ’ extensive portfolio of compressors , valves , controls , heat exchangers and sensors , we are simply consolidating our position as the leading destination for greener cooling and heating solutions . This is an exciting day for both brands . By combining our respective expertise , we will help accelerate energy efficiency and the global transition to natural and low-GWP refrigerants ."
With a combined history of almost 200 years , a pre-existing close partnership , and compatible values , BOCK and Danfoss are focused on providing seamless business continuity and increased options for customers of both brands . Joining the Danfoss Commercial Compressors division , BOCK will become a distinct product brand name for semi-hermetic reciprocating compressors .
Marcus Albrecht , CEO , BOCK says : “ This is a proud moment in BOCK ’ s history , as we look to continue our growth journey as part of the Danfoss family . Danfoss ’ global presence will open new business opportunities for BOCK , and together , we have high hopes for the future . Innovation will continue to be central to our work , as we look to elevate more sustainable cooling and heating worldwide .”
With one of the world ’ s largest portfolios of compressors for natural refrigerants such as CO 2
( R744 ), hydrocarbons , and other low-GWP refrigerants , BOCK has an impressive global reputation for quality , innovation and climate-friendly technology within the refrigeration and air conditioning sectors . BOCK ’ s portfolio and commitment to energy efficiency strongly supplements Danfoss ’ existing product ranges , providing customers with unique access to one trusted supplier , who can help them chart their own journey towards decarbonisation through expert consultation , support and training . RACA
Danfoss
Joining the Danfoss Commercial Compressors division , BOCK will become a distinct product brand name for semihermetic reciprocating compressors .
www . refrigerationandaircon . co . za RACA Journal I April 2023 9