Danfoss has acquired the remaining shares in Semikron Danfoss, increasing its ownership from 62% to 100% and turning the former joint venture into a fully owned subsidiary.
The move supports Danfoss’ electrification strategy under its LEAP 2030 plan, which prioritizes investment in high-value growth areas such as advanced power electronics and industrial-scale electrification technologies.
With full ownership, Danfoss gains greater strategic control over Semikron Danfoss and aims to accelerate investments in technology leadership, advanced power modules, and large-scale power electronics systems. The company expects the transition from a joint venture structure to full ownership to strengthen its ability to serve key markets including industrial drives, renewable energy systems, data centers, energy storage, off-highway equipment, construction machinery, and commercial vehicles.
Danfoss stated that the ownership change will not affect day-to-day operations. Semikron Danfoss will continue operating with the same teams and leadership structure while maintaining its focus on delivering power semiconductor modules and power electronics solutions to global customers.
Semikron and Danfoss originally merged their power module businesses in March 2022 to create Semikron Danfoss, combining expertise in power semiconductors and industrial power electronics. Since the merger, Danfoss has continued investing in the company’s technology and manufacturing capabilities.
As part of the strategic realignment, Danfoss also announced plans to divest the Semikron Danfoss business focused on power modules for electric passenger cars. The company considers this segment non-core and intends to concentrate on industrial electrification markets and broader energy transition applications.
Original – Danfoss