With a workforce of over 3,500 power electronics specialists, Semikron Danfoss will deliver world-class technological expertise to its loyal customer base. The merger is accompanied by a robust growth plan and a firm commitment to future investments, paving the way for green growth and a more sustainable, energy-efficient, and decarbonized future.
The new joint venture, Semikron Danfoss, will be owned by the existing families of Semikron and the Danfoss Group, with Danfoss holding the majority stake. Semikron Danfoss will retain its two main headquarters in Germany, Nuremberg and Flensburg. All global subsidiaries, production facilities, and distribution channels will continue.

Claus A. Petersen has been appointed CEO of Semikron Danfoss. "Semikron Danfoss will inspire the future. The timing of the new company is perfect. With strong growth in our key markets (automotive, industrial, and renewable energy), the merger is a great opportunity for customers, partners, and our employees. Moreover, with the emerging technological transition from silicon to silicon carbide, we are well-positioned to become our customers' strongest partner."

Karl-Heinz Gaubatz stepped down as CEO of SEMIKRON on August 22 to focus on his role as CTO and support the merger process until his planned retirement later this year. “This is truly an exciting time for SEMIKRON and Danfoss Silicon Power! This merger is the perfect solution for everyone involved,” says Karl-Heinz Gaubatz. “We have successfully positioned SEMIKRON as a market leader in industrial and renewable energy module applications, with 2021 being one of the most successful years in our history. It is only fitting that we now join forces with an equally driven and innovative company.”

Danfoss Chairman and CEO Kim Fausing will become Chairman of the Board of Directors of Semikron Danfoss. "Electrification is a major driver of the green transition, and Semikron Danfoss technologies are key components within industry, renewable energy, and automotive traction. Combining over 90 years of technological leadership in power module packaging, we have the passion, expertise, technologies, and commitment to become customers' preferred decarbonization partner."