Danfoss acquires Visedo Oy, a world-leading expert in electric solutions for the off-highway and marine markets.

“Visedo is a great example of how we can focus on customer needs and at the same time strengthen our offering

by providing a broader range of solutions,” says Kim Fausing, president and CEO of Danfoss.

Kimmo Rauma, CEO of Visedo, sees a bright future ahead: "Joining forces with Danfoss means a quantum leap

for our mission to end pollution with our electric solutions. Together with Danfoss,

we will have more capacity and investment for greater innovation and market opportunities,”.

VNT was one of the founders of Visedo in 2009 and Power Fund II has invested in Visedo in all investment rounds along the way to success.

It has been an exciting and impressing journey to follow the development of Visedo from the very beginning.

Kimmo and the team he has built has made miracles meeting the demanding expectations of company investors.