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The Danfoss Group is a global producer of components and solutions for refrigeration, air conditioning, the control of electric motors, and the heating of houses and buildings – as well as solutions for renewable energy such as solar power and heat pumps. Danfoss employs approximately 23,400 people worldwide with headquarters in Nordborg, Denmark.
Danfoss was founded in 1933 by Mads Clausen, and is today almost entirely owned by The Bitten and Mads Clausen Foundation. In 2002 Danfoss joined the United Nations Global Compact, consisting of nine principles with social and environmental responsibility.
Danfoss has an annual sales turnover of 33.9 billion DKK (2011), is present in 55 countries and has 58 factories located in 18 countries.