Danfoss to acquire Italian rubber hose maker Alfagomma

Nordberg, Denmark – Danfoss has announced that it has entered into an exclusivity agreement to acquire rubber hose maker Alfagomma.

Based in Lombardi, Italy, Alfagomma manufactures hoses, fittings, couplings, and connectors with €600 million in annual sales.

The company employs 4,500 people across 28 production and assembly sites globally, said Danfoss 12 June.

The acquisition, said the Danish group, aligns with Danfoss' Leap 2030 strategy, which among other targets aims to accelerate profitable growth within the ‘fluid conveyance division’.

Post acquisition, Danfos said the combination of Alfagomma and its fluid conveyance division would create a “global leader in hydraulic and industrial hose manufacturing and distribution.”

Danfoss said it has significantly strengthened its fluid conveyance business since 2021 through the acquisition of Eaton’s Hydraulics business (ERJ report) and, most recently, Hydro Holding in Italy.

Danfoss acquired Italian hose and fittings manufacturer Hydro Holding SpA in December 2025 to create a "hose and fittings powerhouse."

The unit has been integrated within Danfoss fluid conveyance division, under a new business unit 'hydro holding'.

In addition to the acquisitions, the group said it has also been investing in equipment, technology, and infrastructure within the segment over the recent years.

“Today, ‘fluid conveyance’ is a core and fast-growing business within Danfoss Power Solutions,” it added.

Both companies will operate independently throughout the process, “maintaining continuity and business as usual for customers, suppliers, and employees.”

Danfos has been present in the Italian market since 1961, and currently employs 1,100 people across 14 sites.

The Danish group said it 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.”