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Joint Ventures

A Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to sharing of control (joint control).

Control is the power to govern the financial and operating policies of a company so as to obtain benefits from its activities.

Danfoss Saginomiya

Danfoss Saginomiya Sp. z o.o is a joint venture in Poland, which is equally owned by Saginomiya Seisakusho, Inc., and Danfoss A/S. Danfoss Saginomiya Sp. z o.o. is responsible for distribution of Saginomiya’s refrigeration and air conditioning controls program to the European market. In addition to this, the company manufactures and distributes cartridge controls (disc type small pressure controls) for the air conditioning industry in Europe on the basis of a license from Saginomiya.

Danfoss Turbocor Compressors Inc.

Danfoss Turbocor Compressors Inc., based in Montreal, Canada, is a joint venture company equally owned by Danfoss and Turbocor Inc. Danfoss Turbocor Compressors Inc. provides the HVAC market with the industry’s first highly efficient, oil-free centrifugal compressors designed to minimize both energy and maintenance costs. The primary focus is on mid-range chiller, split system and rooftop applications for both new and retrofit applications. The new company combines worldwide expertise and resources of Danfoss with award winning* oil-free technology developed by Turbocor.

News & Events

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Communication is based on an open and honest dialogue with all stakeholders, which will further their understanding of the Danfoss Group.