Danfoss acquires thin-film sensor firm
DENMARK: Danfoss has acquired the assets of the Kavlico thin-film sensor technology from US company Sensata Technologies.
Thin-film technology is being increasingly used in sensors for higher temperature and pressure applications. Danfoss says the acquisition is in response to growing customer demand for heavy duty pressure sensors.
“This acquisition is a great example of how we can focus on customer needs and at the same time strengthen our portfolio with new technology. I am excited to see how this acquisition of cutting-edge sensor technology, which can be used in several of our businesses, will benefit our customers,” said Kim Fausing, president and CEO.
The thin-film technology will be integrated into Danfoss Industrial Automation in the Danfoss Cooling business segment.
“We see a growing demand for this kind of sensor, and we will now be able to offer a full portfolio for heavy duty sensors into mobile hydraulics and industrial engines, where the growth momentum is strong. Furthermore, this complete offering within heavy duty sensors will support the continued expansion of our business into the renewable energy sector,” added Danfoss Cooling Segment president Jürgen Fischer.
The acquisition includes the Kavlico factory in Minden, near Hanover, a 6,000m² building including cutting-edge production facilities and a 700m² clean room. With this new location, Danfoss welcomes up to 40 new employees.
Sensata Technologies is one of the world’s leading suppliers of sensing, electrical protection, control and power management solutions. Kavlico was acquired through the acquisition of Custom Sensors and Technologies (CST) in December 2015.
The Kavlico business employs 40 people and generated revenue of €2.1m in 2016.