The Spanish company Ikusi has agreed to sell the Remote Control business to Danfoss.
The Remote Control business of Ikusi includes equipment and technologies for wireless operation and control of truck-mounted cranes, winches, off-road machines and other applications.
The acquisition complements Danfoss’ strategic focus on utilizing connectivity as a competitive advantage.
“Acquiring new innovative technologies is an important part of our investments in developing our business, and I am excited about the team of experts from Ikusi Remote Control joining Danfoss,” said Kim Fausing, president and CEO of Danfoss. “Remote controls hold tremendous potential, and the acquisition is a great example of how we by adding new digital technology can strengthen our portfolio of advanced components and systems and offer a broader range of solutions to the benefit of our customers.”
Ikusi Remote Control has developed an ever-growing tech portfolio with a focus on operator safety and comfort, as well as easy configuration and service.
The Remote Control business will be integrated into the Danfoss Power Solutions segment.
“By adding wireless remote control technology to our core competencies in Danfoss Power Solutions, we further strengthen our global position and our system offering as a part of the PLUS+1 software development platform,” said Eric Alström, President, Danfoss Power Solutions.
“We have a great opportunity to differentiate by offering a complete system with high focus on functional safety, best in class performance and cost-effective solutions. I look forward to welcoming the highly experienced and knowledgeable team to Danfoss and to our business.”
Danfoss plans to invest in the Remote Control business located in San Sebastian, Spain. The location will become the Danfoss centre of excellence for remote controls.
The acquisition also includes a development and manufacturing site in Spain and sales offices in the United States, Germany and Dubai.
“For our Remote Control business unit to become a business within Danfoss will enable greater specialization, more capacity and synergies for greater innovation and market opportunities,” said Iñaki Maiz, managing director of Ikusi.