Semikron and Danfoss Silicon merge to become Semikron Danfoss

Semikron Danfoss

Thursday, 01 September, 2022

Semikron and Danfoss Silicon merge to become Semikron Danfoss

Semiconductor manufacturers Semikron and Danfoss Silicon Power have announced plans to create a joint business, with the aim of establishing the ultimate partner in power electronics. It will now conduct business as Semikron Danfoss.

With an existing workforce of more than 3500 power electronic specialists, Semikron Danfoss will provide technology expertise to its customer base. The merger comes with a strong growth plan and a commitment to future investments, paving the way for green growth and a more sustainable, energy-efficient and decarbonised future. The newly formed Semikron Danfoss joint business will be owned by the current owner-families of Semikron and the Danfoss Group, with Danfoss being the majority owner. Semikron Danfoss will retain the two major locations in Germany, Nuremburg and Flensburg. All global subsidiaries and production sites, as well as distribution centres, will also continue.

Claus A Petersen has been appointed as CEO of Semikron Danfoss, after Karl-Heinz Gaubatz stepped down from his position as CEO of Semikron on 22 August to focus on his role at CTO and support the merger process until his planned retirement at the end of the year. “Semikron Danfoss will inspire the future. The timing of the new company is perfect. With strong growth in our key markets — automotive, industry and renewables — the merger is a great opportunity for customers, partners and our employees. Also, with the emerging technology transition from Silicon to Silicon Carbide, we are set to become the strongest partner of our customers,” Petersen said.

Danfoss President and CEO Kim Fausing will be chairman of the board of Semikron Danfoss. “Electrification is one of the main drivers in the green transition, and Semikron Danfoss technologies are key components within industry, renewable energy and automotive traction. Combining more than 90 years of technology leadership in power module packaging, we have the passion, competences, technologies and commitment to become the preferred decarbonising partner for customers,” Fausing said.

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