Danfoss has signed a definitive agreement to acquire Alfagomma, a global manufacturer of hoses and fittings headquartered in Vimercate, Italy. The acquisition supports Danfoss’ strategic focus on profitable growth and its long-term expansion in the fluid conveyance sector.
Alfagomma will become part of the Fluid Conveyance division within the Danfoss Power Solutions segment. The integration is expected to create a global player with the scale to serve customers in mobile and industrial hydraulics, as well as other industrial applications.
"The acquisition of Alfagomma is a significant milestone for Danfoss and an important strategic step in executing our long-term strategy," said Kim Fausing, president and CEO of Danfoss. "By bringing together these two businesses, we form a leading global player in fluid conveyance, giving us complementary capabilities, greater scale and the global presence needed to better serve all our customers and accelerate future growth."
Company Background and Market Reach
Founded in 1956, Alfagomma is a privately owned manufacturer and distributor of hoses and fittings under the ALFAGOMMA, Dunlop Hiflex and Argus brands. The company’s products are used in mobile hydraulics, industrial applications, mining, oil and gas, marine and shipbuilding.
Alfagomma has a global footprint that includes 28 production and assembly sites and approximately 4,500 employees. The company generates annual sales of approximately EUR 600 million.
"Alfagomma is an excellent strategic fit for Danfoss Power Solutions," said Daniel Winter, president of Danfoss Power Solutions. "Our businesses are a perfect match, with limited overlap and significant opportunities to create value for customers around the world. By combining our technologies, manufacturing footprint and global market presence, we will strengthen partnerships and expand our ability to support customers wherever they operate."
Winter added that Alfagomma brings specific expertise in industrial applications such as oil and gas and mining.
Transaction Details
The Board of Receivers of Alfagomma, appointed in May 2025, stated that the transaction is the result of a structured process to preserve business continuity and secure long-term value.
"In Danfoss, we have found the right, important industrial partner: a family-owned, leading global company that shares its values and long-term vision, with a clear commitment to strengthen the operations, support the industrial base and ensure stability, growth and continued investment," the board said in a statement.
The acquisition is subject to necessary approvals and is expected to be completed by the fourth quarter of 2026. Until the closing, both companies will continue to operate independently.
Danfoss Power Solutions’ Fluid Conveyance division currently manufactures hoses and fittings for a variety of sectors, including vehicles, aircraft, marine, mining and food and beverage.
