Danfoss GmbH

Danfoss GmbH is a family-owned engineering group founded in 1933 by Mads Clausen as a solo enterprise in a farmhouse in Nordborg, Denmark. Today the company employs more than 40,000 people and serves customers in over 100 countries, supplying energy-efficient technologies intended to raise machine productivity, cut emissions and lower energy consumption.

Its operations are organised around three product areas. Climate Solutions provides heating and cooling systems for industrial applications, buildings and infrastructure. Drives covers clean-energy technology, including AC drives and power semiconductors. Power Solutions spans mobile and industrial hydraulics, fluid conveyance, electrification and software.

Technical work spans heating and cooling, AC drives, power semiconductors, hydraulics, fluid conveyance, electrification, software and energy efficiency, with applications in industrial, building, infrastructure and mobile-equipment settings. The company describes sustainability as integrated into its operations and reports ambitious ESG targets, positioning its work around decarbonization and the global energy transition.

Ownership rests with the founding family, and the stated objective is long-term value for stakeholders, including helping customers decarbonize while remaining competitive.