Announced
Financials
Tags
Single Bidder
Denmark
Friendly
production of fuel cell components
Alternative Fuels
fuel cell systems
Acquisition
Cross Border
Pending
Germany
Majority
Private
Synopsis
Advent Technologies, a US corporation that develops, manufactures, and assembles critical components for fuel cells, agreed to acquire the Fuel Cell Systems Businesses from Fischer Group for $62m. "We are excited that Advent has reached an agreement with the Fischer family, which brings some of the world's leading high-temperature fuel cell providers to our company and will contribute to our business momentum," Vasilis Gregoriou, Advent Technologies Chairman and CEO.
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