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Press Releases
Our press releases cover all our latest corporate and product news. If you don't find what you're looking for or are interested in learning more, don't hesitate to contact us.
Press Releases
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Sauer-Danfoss Inc. to Hold Conference Call to Discuss Second Quarter 2010 Results
- July 21, 2010
Sauer-Danfoss Inc. has announced that it will be holding a conference call on August 5, 2010, at 10:00 AM Eastern time. The purpose of the call will be to discuss second quarter 2010 results.
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Sauer-Danfoss Announces New Business Structure
- July 1, 2010
Sauer-Danfoss announces a new business structure including the creation of three new businesses, effective July 1, 2010, that encompass all the cartridge and hydraulic integrated circuit (HIC) valves, gear pumps and motors, and inverter products previously manufactured and marketed within the central Sauer-Danfoss organization.
- Press Release (html)
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Sauer-Danfoss Inc. Reports First Quarter 2010 Results
- May 5, 2010
Sauer-Danfoss Inc. has announced its financial results for the first quarter ended March 31, 2010.
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Sauer-Danfoss Inc. Announces Availability of Amended Tender Offer Materials Regarding Intent Not to Tender by Executive Officers and Certain Directors
- April 29, 2010
Sauer-Danfoss Inc. announced today that it has filed Amendment No. 10 to its Solicitation/Recommendation Statement on Schedule 14D-9, originally filed with the Securities and Exchange Commission on March 19, 2010, in response to the cash tender offer of $14.00 per common share initially commenced on March 10, 2010 by Danfoss Acquisition, Inc., a wholly owned subsidiary of Danfoss A/S. The amendment updates the disclosure regarding the intent to tender by executive officers and certain directors of Sauer-Danfoss and provides that such executive officers and directors currently do not intend to tender the shares that they own.
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Fan Drive Gear Motors with New Features
- April 28, 2010
Sauer-Danfoss’ SGM2 and SGM3 aluminum fan drive gear motors now offer three new features: integrated reversing and proportional valves; a bi-directional motor for remote HIC reversing valves with shaft seal protector and cast iron cover; and outrigger bearing for slewing, high vibration, and oscillating fan drive applications. These new features help OEMs achieve Tier IV and Stage 3B emissions compliance.
- Press Release (html)
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Sauer-Danfoss Inc. Announces Availability of Amended Tender Offer Materials Updating Recent Events
- April 27, 2010
Sauer-Danfoss Inc. announced today that it has filed Amendment No. 9 to its Solicitation/Recommendation Statement on Schedule 14D-9, originally filed with the Securities and Exchange Commission on March 19, 2010, in response to the cash tender offer of $14.00 per common share initially commenced on March 10, 2010 by Danfoss Acquisition, Inc., a wholly owned subsidiary of Danfoss A/S. The amendment updates the background section to disclose recent events relevant to the offer.
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Special Committee Recommends That Stockholders Reject Danfoss’ $14.00 Per Share Offer and Withdraws Earlier Recommendation of Danfoss’ Previous $13.25 Per Share Offer
- April 23, 2010
The Special Committee of the Board of Directors of Sauer-Danfoss Inc. announced today that it is recommending that the Company’s stockholders reject the increased offer of $14.00 per common share in the ongoing cash tender offer by Danfoss Acquisition, Inc., a wholly owned subsidiary of Danfoss A/S, the Company’s majority stockholder, and that the Company’s stockholders not tender their shares of the Company’s common stock in the offer.
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Sauer-Danfoss Inc. to Hold Conference Call to Discuss First Quarter 2010 Results
- April 20, 2010
Sauer-Danfoss Inc. has announced that it will be holding a conference call on May 6, 2010, at 10:00 AM Eastern time. The purpose of the call will be to discuss first quarter 2010 results.
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D Series Gear Motor with Reversing Functionality
- April 20, 2010
Sauer-Danfoss’ D Series cast iron fan drive gear motor now offers an integrated valve solution to match fan speed to cooling demand with the additional capability to reverse fan rotation for radiator cleaning.
- Press Release (html)
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Special Committee of the Board of Directors of Sauer-Danfoss Inc. Requests Updated Projections Before Making Recommendation Regarding Danfoss’ $14.00 Per Share Offer
- April 16, 2010
The Special Committee of the Board of Directors of Sauer-Danfoss Inc. announced today that it has asked the Company’s management to prepare a set of updated projections covering 2010 through 2012 reflecting the Company’s stronger-than-expected preliminary first quarter financial results as disclosed yesterday. The Committee made this request in order to permit it to consider the updated projections in analyzing the increased offer of $14.00 per common share in the ongoing cash tender offer by Danfoss.
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Special Committee of Board Of Directors of Sauer-Danfoss Inc. Evaluates Danfoss' Latest Tender Offer in Light of Preliminary First Quarter Results
- April 15, 2010
The Special Committee of the Board of Directors of Sauer-Danfoss Inc. announced today that management of the Company has informed the Committee that preliminary first quarter financial results were stronger than expected. The Special Committee is considering these preliminary first quarter results and the impact such preliminary results may have on its previous recommendation that the Company's stockholders accept Danfoss' offer and tender their shares of the Company's common stock in the offer.
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Sauer-Danfoss Inc. Announces Amended Tender Offer Materials Regarding Increase in Cash Offer Price to $14.00 per Common Share
- April 12, 2010
Sauer-Danfoss Inc. has announced that it has filed Amendment No. 5 to its Solicitation/Recommendation Statement on Schedule 14D-9 and Amendment No. 5 to its Rule 13e-3 Transaction Statement, both originally filed with the Securities and Exchange Commission on March 19, 2010, in response to the cash tender offer of $13.25 per common share commenced on March 10, 2010 by Danfoss Acquisition, Inc., a wholly owned subsidiary of Danfoss A/S. The amendments have been issued in response to the increase in the cash offer price with respect to the offer to $14.00 per common share announced by Danfoss on April 9, 2010.
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Marc Weston joins Sauer-Danfoss as Executive Vice President and CMO
- April 8, 2010
Sauer-Danfoss announces that Marc Weston has been appointed Executive Vice President and Chief Marketing Officer, effective April 5, 2010. Weston will work from the Ames, Iowa, location and is replacing Tim Hanson, who has been serving as interim Executive Vice President and CMO and will retire later this year.
- Press Release (html)
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Sauer-Danfoss Inc. Announces Availability of Amended Tender Offer Materials
- April 6, 2010
Sauer-Danfoss Inc. announced today that it has filed Amendment No. 3 to its Solicitation/Recommendation Statement on Schedule 14D 9 and Amendment No. 3 to its Rule 13E-3 Transaction Statement, both originally filed with the Securities and Exchange Commission on March 19, 2010, in response to the cash tender offer of $13.25 per common share commenced on March 10, 2010 by Danfoss Acquisition, Inc., a wholly owned subsidiary of Danfoss A/S.
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Sauer-Danfoss Inc. Announces Availability of Amended Tender Offer Materials
- April 5, 2010
Sauer-Danfoss Inc. announced today that it has filed Amendment No. 2 to its Solicitation/Recommendation Statement on Schedule 14D-9 and Amendment No. 2 to its Rule 13e-3 Transaction Statement, both originally filed with the Securities and Exchange Commission on March 19, 2010, in response to the cash tender offer of $13.25 per common share commenced on March 10, 2010 by Danfoss Acquisition, Inc., a wholly owned subsidiary of Danfoss A/S. The amendments were made in response to comments received from the SEC during its review process.
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Sauer-Danfoss Inc. Announces Availability of Amended Tender Offer Materials
- March 31, 2010
Sauer-Danfoss Inc. announced today that it has filed Amendment No. 1 to its Rule 13e-3 Transaction Statement and Amendment No. 1 to its Solicitation/Recommendation Statement on Schedule 14D-9, both originally filed with the Securities and Exchange Commission on March 19, 2010 in response to the cash tender offer of $13.25 per common share commenced on March 10, 2010 by Danfoss Acquisition, Inc., a wholly owned subsidiary of Danfoss A/S.
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Special Committee of Sauer-Danfoss Board Recommends Stockholders Accept Cash Tender Offer of $13.25 Per Common Share by Danfoss A/S
- March 19, 2010
The Special Committee of the Board of Directors of Sauer-Danfoss Inc. today announced its unanimous recommendation that the public stockholders of the Company accept the cash tender offer of $13.25 per common share commenced on March 10, 2010 by Danfoss Acquisition, Inc., a wholly owned subsidiary of Danfoss A/S, and tender their shares pursuant to the offer.
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Sauer-Danfoss Inc. Reports Fourth Quarter 2009 Results
- March 3, 2010
Sauer-Danfoss Inc. has announced its financial results for the fourth quarter ended December 31, 2009.
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New H1 Automotive Control
- March 1, 2010
Sauer-Danfoss’ new Automotive Control (AC) solution offers OEMs a complete SIL 2 (Safety Integrity Level 2 according to IEC 61508) certified transmission system that significantly reduces OEM vehicle development, qualification expenses and new product time to market.
- Press Release (html)
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Sauer-Danfoss Inc. to Hold Conference Call to Discuss Fourth Quarter 2009 Results
- February 10, 2010
Sauer-Danfoss Inc. has announced that it will be holding a conference call on March 4, 2010, at 10:00 AM Eastern time. The purpose of the call will be to discuss fourth quarter 2009 results.
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