Sauer-Danfoss
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| Type | Public |
|---|---|
| Traded as | NYSE: SHS |
| Industry | Hydraulic and electronic systems and components |
| Predecessor(s) | Sauer-Sundstrand and Danfoss Fluid Power |
| Founded | Rockford, Illinois, United States; Neumünster, Germany; Nordborg, Denmark |
| Key people | Jørgen M. Clausen, Chairman Sven Ruder, President and CEO |
| Products | Mobile electronics, orbital motors, piston pumps & motors, steering and valves |
| Revenue |  Approx. US$1.6 billion (2010) |
| Employees | 6,000 |
| Website | Sauer-Danfoss.com |
Sauer-Danfoss (formerly Sauer-Sundstrand and Danfoss Fluid Power until 2000) designs, manufactures, and markets engineered hydraulic and electronic systems and components for use primarily in applications of mobile equipment. The product range serves markets such as agriculture, construction, road building, material handling, municipal, forestry, turf care, and many others. Sauer-Danfoss has sales, manufacturing, and engineering capabilities in Europe, the Americas, and the Asia-Pacific region.
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[edit] History
On May 3, 2000, Sauer-Sundstrand and Danfoss Fluid Power A/S became one company under the name of Sauer-Danfoss. Since the merger, the company has continued to broaden its horizons, reeling in new knowledge and skills and expanding the company’s geographical presence via a series of acquisitions and joint ventures.
| 2011 | An additional stand-alone business is created when the Directional Control Valves business unit is branded as Valmova™. |
| 2010 | The Sauer-Danfoss business structure is adjusted, which include the creation of three new businesses under separate brands: Turolla OpenCircuitGear™ designs, manufactures, and sells open circuit gear pumps and motors; Comatrol® designs, manufactures, and sells cartridge valves and HICs; and Schwarzmüller-Inverter™ designs, manufactures, and sells electric inverter products. |
| 2009 | Danfoss A/S purchases the remaining shares of Sauer-Danfoss Inc. held by Sauer Holding GmbH, bringing Danfoss’ share holding in Sauer-Danfoss Inc. to approximately 76%. |
| 2008 | Danfoss A/S acquires a controlling interest in Sauer-Danfoss Inc. from Sauer Holding GmbH |
| Russian sales company established | |
| 2007 | Acquisition of Diesella Produktion, Denmark |
| 2004 | South Korean sales company established |
| 2003 | Acquisition of Comatrol S.p. A., Italy |
| 2002 | Acquisition of Thrige Electric, Germany/Denmark |
| Joint-venture with Topcon Laser Systems Inc., USA | |
| 2001 | Joint-venture with Daikin Industries Ltd., Japan |
| Acquisition of Hidrover Válvulas S.A., Brazil | |
| Acquisition of Compact Controls, USA | |
| Acquisition of Italdigit S.R.L., Italy | |
| Acquisition of Dantal Hydraulics Ltd., India | |
| Acquisition of Danfoss’ fluid power distribution activities | |
| 2000 | Acquisition of Integrated Control Technologies, UK |
| MERGER – SAUER-DANFOSS INC. | |
| Acquisition of CDE Custom Design Electronics, Sweden | |
| 1998 | Sauer Inc. Initial Public Offering |
| Danfoss Fluid Power A/S established | |
| 1996 | Acquisition of Pilmet S.A., Poland |
| 1995 | Slovakian production started |
| Chinese production started | |
| 1991 | Hydro-Gear joint-venture, USA |
| Acquisition of Webster Fluid Controls, USA | |
| 1990 | Acquisition of Dukes Fluid Power, USA |
| 1989 | Sauer-Sundstrand merger |
| 1987 | Sundstrand-Sauer joint-venture |
| 1981 | Acquisition of Plessey Gear Pump, UK/Italy |
| Acquisition of Mobile Controls Division of Honeywell, USA | |
| 1967 | Sauer Getriebe |
| 1961 | Sundstrand Hydro-Transmission |
| Danfoss Hydraulic Products + Char-Lynn License |
[edit] Sauer-Sundstrand
Established as Sundstrand Machine Tools in 1946, the name changed to Sundstrand Corporation in 1959. Gunnar A. Wahlmark was hired as draftsman in 1925. He was born in Rockford 1904 by Swedish parents that had arrived in America 1900. He formed the Sundstrand Hydraulic Division in 1934, the Sundstrand Hydraulic-Transmission Division in 1961, and the Sundstrand Aviation Division in 1945. A joint venture was established under the name Sundstrand-Sauer in 1987 and in 1989 Sundstrand sold its interest and the company name was changed to Sauer-Sundstrand. Sauer Inc., the holding company for all Sauer-Sundstrand activities, went public on the New York stock exchange on May 11, 1998.
[edit] Danfoss Fluid Power
Mads Clausen established Danish Refrigeration Controls and Apparatus Manufacturer in 1933, changing its name to Danfoss in 1946. In 1964 the first Danfoss hydraulic product was developed in Nordborg, Denmark. Between 1990 and 1996, multiple acquisitions in the USA and one in Poland brought together a global competency. In 1998, Danfoss Hydraulics became an independent company under the name of Danfoss Fluid Power A/S, setting it apart from the Danfoss core business.
[edit] Products
- Hydrostatic transmissions
- Hydraulic, electric and electrohydraulic power steering
- Axial piston pumps and motors
- Bent axis motors
- Orbital motors
- Transit mixer drives
- Proportional valves
- Hydrostatic transaxles
- Fan-drive systems
- Microcontrollers and software
- Joysticks and control handles
- Displays and sensors
[edit] Main markets
- Agriculture
- Construction
- Material Handling
- Road Building
- Turf Care
- Specialty
[edit] Global presence
[edit] Manufacturing and engineering locations
| Älmhult, Sweden | Ames, Iowa, USA |
| Bielany Wroclawskie, Poland | Bologna, Italy |
| Caxias do Sul, Brazil | Dubnica nad Váhom, Slovakia |
| Easley, South Carolina, USA | Freeport, Illinois, USA |
| Kaiserslautern, Germany | Minneapolis, Minnesota, USA |
| Neumünster, Germany | Nordborg, Denmark |
| Osaka, Japan | Považská Bystrica, Slovakia |
| Pune, India | Reggio Emilia, Italy |
| Shanghai, China | Wrocław, Poland |
[edit] Sales offices
| Bologna, Italy | Brussels (Ternat), Belgium |
| Dammarie-les-Lys, France | Espoo, Finland |
| Gouda, Netherlands | |
| Lisboa, Portugal | Madrid, Spain |
| Moscow, Russia | Offenbach,Germany |
| Osaka, Japan | São Paulo, Brazil |
| Seoul, Korea | Shanghai, China |
| Silkeborg, Denmark | Singapore |
| Skui, Norway | Stockholm, Sweden |
| Sydney, Australia | Swindon, UK |
[edit] Corporate governance
[edit] Executive officers
- Sven Ruder: President and Chief Executive Officer
- Marc Weston: Executive Vice President and Chief Marketing Officer
- Jesper V. Christensen: Executive Vice President and Chief Financial Officer
- Kells Hall: Executive Vice President and President - Propel Division
- Wolfgang Schramm: Executive Vice President and President – Controls Division
- Helge Jørgensen: Executive Vice President and President - Work Function Division
- Anne Wilkinson: Executive Vice President - Human Resources
- Kenneth D. McCuskey: Vice President and Chief Officer, Secretary
[edit] Board of directors
Jørgen M. Clausen
Chairman, Sauer-Danfoss Inc.
Niels B. Christiansen
Vice Chairman, Sauer-Danfoss Inc.
President and Chief Executive Officer, Danfoss A/S
Kim Fausing
Executive Vice President and Chief Operating Officer - Danfoss A/S
Richard J. Freeland
President - Engine Business, Cummins Inc
William E. Hoover Jr.
Formerly with McKinsey & Co. (Retired)
Steven H. Wood
Chief Financial Officer - Becker Underwood
Johannes F. Kirchhoff
Managing Director -- FAUN Umwelttechnik GmbH & Co. KG
Per Have
Chief Financial Officer, Danfoss A/S
Sven Ruder
President & Chief Executive Officer, Sauer-Danfoss Inc.
Anders Stahlschmidt
General Counsel, Danfoss A/S
Nonvoting Advisors to the Board:
Klaus Murmann
Chairman Emeritus - Sauer-Danfoss Inc.
