Danfoss – Danfoss enters exclusivity agreement regarding the acquisition of Alfagomma
Danfoss today announced that it has entered into an exclusivity agreement to conclude the acquisition of Alfagomma.
The intention to acquire Alfagomma aligns with Danfoss’ LEAP 2030 strategy, part of which is to accelerate profitable growth within the Fluid Conveyance division, a core business within the Danfoss Power Solutions segment. Alfagomma, headquartered in Italy, is a leading global manufacturer of hoses, fittings, couplings, and connectors with approximately EUR 600 million in annual sales, 4,500 employees, and operations across 28 production and assembly sites globally. Combining the businesses of both Alfagomma and the Fluid Conveyance division would create a global leader in hydraulic and industrial hose manufacturing and distribution.
Since 2021, Danfoss has significantly strengthened its Fluid Conveyance business through the acquisition of Eaton’s Hydraulics business and, most recently, Hydro Holding in Italy, while continuing to invest in equipment, technology, and infrastructure. Today, Fluid Conveyance is a core and fast-growing business within Danfoss Power Solutions.
Both companies will operate independently throughout the process, maintaining continuity and business as usual for customers, suppliers, and employees. Danfoss intends to complete the transaction and remains strongly committed to investing in the business and maintaining the footprint in Italy. Since 1961, Danfoss has sustained a strong presence in Italy with a current workforce of more than 1,100 employees across 14 sites.
Danfoss considers Italy a core country for future development, with a clear long-term commitment to strengthen the operations, support the industrial base, and ensure stability, growth, and continued investment in the people, capabilities, and operations of Alfagomma.
SourceDanfoss
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More information on Danfoss Fluid Conveyance Division by Danfoss Power Solutions by Danfoss: See the full profile on EMR Executive Services + Danfoss Power Solutions’ Fluid Conveyance division manufactures hoses and fittings for mobile and industrial equipment, vehicles, aircraft, mining, food and beverage, and other applications. Product ranges include hydraulic, industrial, thermoplastic, engine, and air conditioning hoses and fittings; connectors and quick-disconnect couplings; and hose machines, tools, and accessories. The division’s annual sales reached EUR 1.2 billion in 2024. With the addition of Hydro Holding’s 350 employees, Fluid Conveyance will have approximately 6,500 employees.
More information on Domenico Traverso (President Incubation Division, Danfoss Power Solutions, Danfoss + President, Fluid Conveyance Division, Danfoss Power Solutions, Danfoss): See the full profile on EMR Executive Services
More information on Alfagomma by Danfoss Fluid Conveyance Division by Danfoss Power Solutions by Danfoss: https://www.alfagomma.com/en/ + For over 60 years, Alfagomma has been producing and distributing high quality products all over the world, offering an excellent service and customized solutions for every customer needs.
Alfagomma is a global leader in fluid handling systems, delivering high-performance hydraulic and industrial hose solutions across industries.
Since 1956, we’ve partnered with customers worldwide to drive innovation, efficiency, and reliability.
Alfagomma, headquartered in Italy, is a leading global manufacturer of hoses, fittings, couplings, and connectors.
ALFAGOMMA strategy is to be a single source integrated system supplier supporting its partners with:
- Complete product range
- Hydraulic Rubber & Thermoplastic Hose
- Hydraulic Fittings & Adapters
- Quick Release Couplings and Multi-K
- Swivel & Plug-in Connectors
- Hydraulic Hose Assemblies
- Manipulated Tubes
- Industrial Rubber, Thermoplastic & Composite Hose
- Industrial Stainless Steel Corrugated Hose
- Industrial Fittings
- Industrial Hose Assemblies
- Continuous new product research and development
- Technical innovation and customized solutions
- Constant high quality exceeding ISO 9001 quality standards
- Full compliance with ISO 14001 environmental norms
- Global presence and logistic support
- Communication, training & advertising program
- Strong OEM expertise and customized solutions
- Proven customer satisfaction record and commitment to long term partnership
- Long term strategic approach to the market
ALFAGOMMA Group Brands:
- ALFAGOMMA
- DUNLOP HIFLEX
- ARGUS
- HIFLEX
ALFAGOMMA Group Figures:
- 4800 people worldwide
- 28 plants
- 90 sales organizations
- 650 million € turnover
- 72 active patents in 2019
- ISO quality certification 9001 and 14001
More information on Guido Gennasio (Owner and President, Alfagomma, Danfoss Fluid Conveyance Division, Danfoss Power Solutions, Danfoss): See the full profile on EMR Executive Services
More information on Enrico Gennasio (Owner and Chief Executive Officer, Alfagomma, Danfoss Fluid Conveyance Division, Danfoss Power Solutions, Danfoss): See the full profile on EMR Executive Services
More information on Eaton’s Hydraulics Business by Danfoss Power Solutions by Danfoss: See the full profile on EMR Executive Services
More information on Hydro Holding Spa by Hydro Business Unit by Fluid Conveyance Division by Danfoss Power Solutions: See the full profile on EMR Executive Services
More information on Stefano Bordegnoni (Vice President, Hydro Business Unit, Fluid Conveyance Division, Danfoss Power Solutions, Danfoss): See the full profile on EMR Executive Services
EMR Additional Notes:
- Hoses, Fittings, Couplings, and Connectors (in the scope of Fluid Conveyance Systems):
- Hoses, fittings, couplings, and connectors form the core framework of fluid conveyance systems used to securely transport liquids, gases, and dry materials across residential, industrial, and agricultural environments. Each component plays a distinct role in directing, managing, or extending the flow within a system while ensuring leak-tightness, pressure integrity, and safe disconnection when required.
- A fluid system relies on four primary parts:
- Hoses: Flexible tubes engineered to withstand specific internal pressures, temperatures, and chemical exposures while carrying fluids or gases and accommodating movement, vibration, or misalignment between connected components.
- Fittings: Semi-permanent joints used to attach hoses to other system components, change fluid direction, or adapt different sizes (e.g., elbows, tees, reducers, threaded or crimped ends). They typically require tools for installation/removal and are not intended for frequent disconnection.
- Couplings: Mechanical devices split into two halves (typically a male plug and female socket) designed to link two separate hoses or tools and allow quick connection and disconnection without tools (especially in quick-connect designs).Many couplings include internal valves that automatically shut off flow when disconnected (e.g., quick disconnect couplings).
- Connectors: Broad terminology used interchangeably with fittings and couplings, often describing user-friendly adaptors like quick-connect garden tap attachments but more precisely refers to any interface component that joins fluid lines, including both permanent (fittings) and detachable (couplings) solutions. In industrial contexts, “connector” is a generic term rather than a specific technical category.