The merger of SEMIKRON and Danfoss was approved

Create Date: 2024-8-30 12:03:23|Source: Danfoss/Danfoss

SEMIKRON and Danfoss Silicon Power join forces to create a new company: SEMIKRON-Danfoss.
The merger of SEMIKRON and Danfoss was approved

SEMIKRON-Danfoss will invest heavily in innovation, skills and capacity to support its customers' future growth plans.

SEMIKRON-Danfoss will continue operations at its two sites in Nuremberg and Flensburg, Germany.

Claus A. Petersen will become CEO · the new company.

Karl-Heinz Gaubatz stepped down as CEO of SEMIKRON on 22 August and focused on the role of Chief Skills Officer to support the merger process until the end of the year, when he retired as planned

Nuremberg/Nordberg – SEMIKRON and Danfoss Silicon Power are joining forces to create the world's leading partner in the field of power electronics. On August 22, less than five months after the merger was announced, the new professional leader in power semiconductor modules officially started operations under the name SEMIKRON-Danfoss.

With more than 3,500 experts in power electronics, SEMIKRON-Danfoss work together to provide a loyal customer base with career-leading expertise. The merger will continue to drive the company's business growth in the power electronics segment, and also reflects a strong commitment to future investment, and creates favorable conditions for green growth to create a more sustainable, energy-efficient and decarbonized future.

SEMIKRON-Danfoss AG will be owned by the family of existing owners of SEMIKRON and the Danfoss Group, of which Danfoss is the majority shareholder. The company will retain two sites in Nuremberg and Flensburg, Germany. All of its global subsidiaries, production sites and distribution channels will continue to operate.

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