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Evertiq November 12, 2026 neutral

Danfoss sells majority of automotive power module business to Fidelium

Supply ChainData Center
Munich-based investment firm Fidelium Partners has agreed to become majority owner of Danfoss’s automotive power module business, which will be spun out into a new joint venture with Danfoss. Around 600 employees and the production sites in Flensburg and Nuremberg, Germany, will move to the joint venture.
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