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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

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