Transaction and Oversight Timeline
The acquisition, White Drive divestiture and China sale to Impro, with their separate regulatory milestones.
Research and analysis · Updated November 1, 2026
Key dates
Acquisition agreement
Danfoss and Eaton agreed the main Hydraulics transaction. U.S. complaint
European conditional clearance
The Commission approved the merger subject to commitments. European Commission merger decision
European trustee approved
ING Bank N.V. approved as monitoring and divestiture trustee. European trustee appointment
White purchase agreement
Interpump announced a €230 million enterprise-value basis plus a variable component. Interpump purchase agreement announcement
U.S. challenge and European buyer approval
DOJ filed its complaint and proposed settlement; the Commission separately approved Interpump as purchaser. DOJ transaction announcement
Main acquisition closed
Eaton announced completion of its US$3.3 billion Hydraulics sale to Danfoss. Eaton sale closing
White acquisition closed
Interpump announced closing at €278 million enterprise value. Interpump acquisition closing
Motion for judgment
The United States asked the court to enter the proposed judgment after the public-interest process. Motion for entry of judgment
Final Judgment and U.S. trustee
The judgment was entered; a separate order appointed ING Financial Markets LLC. U.S. monitoring trustee order
China orbital-motor sale agreed
Impro agreed to buy the Danfoss Jiangsu orbital-motor business. Impro agreement announcement
Zhenjiang sale to Impro closed
Danfoss reports completion of the divestiture required by China’s SAMR. Impro’s November 1 announcement describes the business, technology rights and closing ceremony. Danfoss annual report, p. 76 · Impro announcement
Hopkinsville investment announced
Kentucky announced nearly US$16 million,25 planned full-time jobs, and a gearset-production transfer. Kentucky expansion announcement
Earliest early termination
Section XVI permits early termination after five years on the specified DOJ notice. It is not automatic. Entered Final Judgment
Ordinary expiration
Ten years from entry, absent earlier termination or extension. Entered Final Judgment
How to read the dates
A purchaser approval assesses the proposed buyer and agreement. Closing records the transaction. A production transfer or qualification establishes an operating milestone. A trustee-discharge or termination notice addresses oversight. One date cannot stand in for all of these events.
The timeline separates announced plans from completed transactions. It includes the future dates specified in the judgment, with their conditions, rather than treating them as completed procedural actions.
Two clocks run through this history
The ownership clock records agreements, approvals and closings. The production clock would record when tooling arrived, people were trained, a process was accepted and usable product reached a customer. The timeline above establishes the first much more completely than the second.
A stronger operating history would place those two clocks next to each other for each transferred product family. A gap between closing and qualified production would then have a defined length and a documented supply arrangement covering it. Without that second sequence, moving directly from a transaction date to a conclusion about customer service skips the event that needs to be explained.