Danfoss Acquires Italy’s Alfagomma, Reshaping the Global Fluid Conveyance Landscape
Danfoss has signed a definitive agreement to acquire the Italian hose and coupling manufacturer Alfagomma, which will be integrated into the Fluid Conveyance business within its Power Solutions segment. The transaction is expected to close in the fourth quarter of 2026, with an estimated market valuation exceeding €1 billion (though this figure has not been officially confirmed). Founded in 1956, Alfagomma operates 28 production and assembly facilities, employs approximately 4,500 people, and generates annual sales of around €600 million. Its brand portfolio includes ALFAGOMMA, Dunlop Hiflex, and Argus.
Key Takeaway: This marks one of the largest mergers and acquisitions in the hydraulic hose and coupling sector in recent years. Following its 2021 acquisition of Eaton’s hydraulics business, Danfoss has further strengthened its service capabilities for industrial sectors such as oil and gas and mining. This move signals a trend toward greater market consolidation among top-tier players, which could have a ripple effect on the OEM customer relationships of Chinese manufacturers that export hoses and couplings.