Business NewsMarketWire • Danfoss A/S and Danfoss Acquisition, Inc. Announce Increase in Tender Offer Price for Sauer-Danfoss to $14.00 per Share and Extension of Offer

Danfoss A/S and Danfoss Acquisition, Inc. Announce Increase in Tender Offer Price for Sauer-Danfoss to $14.00 per Share and Extension of Offer

Danfoss A/S and Danfoss Acquisition, Inc. Announce Increase in Tender Offer Price for Sauer-Danfoss to $14.00 per Share and Extension of Offer

NEW YORK, NY--(Marketwire - April 9, 2010) -  Danfoss A/S ("Danfoss") and Danfoss Acquisition, Inc. (the "Purchaser") today announced an increase in the purchase price to be paid in its cash tender offer (the "Offer") to acquire all of the outstanding shares of common stock of Sauer-Danfoss Inc. ("Sauer-Danfoss") (NYSE: SHS) not already owned by Danfoss or its subsidiaries to $14.00 per share. Parent and the Purchaser are extending the Offer to midnight, New York City time on April 22, 2010 (which is the end of the day on April 22, 2010). All other terms and conditions of the tender offer remain unchanged.

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Danfoss A/S and Danfoss Acquisition, Inc. Announce Increase in Tender Offer Price for Sauer-Danfoss to $14.00 per Share and Extension of Offer