Announced
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Synopsis
Cummins, a designer, manufacturer and distributor of diesel and natural gas engines, completed the acquisition of the remaining 19% stake in Hydrogenics, a manufacturer of hydrogen generation and fuel cell products, from Air Liquide, an industrial gases company. Financial terms were not disclosed. Cummins’ buyout reinforces its commitment to these technologies and the increasing importance they will play in creating value for all stakeholders and decarbonizing our world. This move enables continued investment and growth in hydrogen technologies to meet rapidly growing demand.
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