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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. hydrostatic motor
The Justice Department has reached a settlement that would allow Danfoss AS to buy Eaton Corp.'s hydraulics business by divesting some of the companies’ assets.
Danfoss and Eaton are two of only three suppliers of hydraulic orbital motors and hydraulic steering units used in tractors, wheel loaders, lifts and other types of mobile off-road equipment in the U.S., according to the DOJ’s civil suit and settlement notice filed Wednesday in the U.S. District Court for the District of Columbia.
The companies agreed in the proposed settlement to sell assets related to their orbital motor and hydraulic steering businesses to Interpump ...
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