AquaZ Presentation - Danish Water Forum
AquaZ Presentation - Danish Water Forum
AquaZ Presentation - Danish Water Forum
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Case 2: Danfoss <strong>AquaZ</strong> – <strong>Danish</strong> <strong>Water</strong> <strong>Forum</strong><br />
Key facts<br />
2005 Mail from MT Technologies, USA to Jorgen Mads Clausen, Danfoss<br />
Subject: Unique business proposal<br />
– Carlo Montemagno, Dean of Engineering, University of Cincinnati<br />
– Steven Tozzi, Business Man, Serial Entrepreneur<br />
Danfoss Ventures: global market and technology investigations (IPR)<br />
2006 Danfoss <strong>AquaZ</strong> A/S established<br />
– Danfoss 51,0%<br />
– BankInvest 25,5% (BI New Energy Solutions)<br />
– MT Technologies 23,5%<br />
Subsidiary,<br />
Danfoss <strong>AquaZ</strong> Inc.,<br />
Cincinnati, Ohio<br />
HQ,<br />
Nordborg,<br />
Denmark<br />
April 28, 2009 10