Acquisition Thyssenkrupp Nucera Completes Takeover of Technology Assets from GHS

Source: Press release Thyssenkrupp Nucera 1 min Reading Time

Related Vendors

Thyssenkrupp Nucera has recently announced that it has successfully completed the acquisition of vital technology assets from Green Hydrogen Systems. The deal includes intellectual property as well as a test facility with a full-size prototype in Skive, Denmark.

With this acquisition, Thyssenkrupp Nucera strategically strengthens its positioning in the field of alkaline water electrolysis, now additionally also focusing on pressurized solutions. (Source:  Thyssenkrupp Nucera)
With this acquisition, Thyssenkrupp Nucera strategically strengthens its positioning in the field of alkaline water electrolysis, now additionally also focusing on pressurized solutions.
(Source: Thyssenkrupp Nucera)

Dortmund/Germany – Thyssenkrupp Nucera has successfully completed the acquisition of key technology assets from Danish company Green Hydrogen Systems (GHS), as announced in June. The transaction was finalized following receipt of all necessary regulatory approvals and the consent of the court-appointed insolvency administrator. The asset deal includes intellectual property as well as a test facility with a full-size prototype in Skive, Denmark.

With this acquisition, Thyssenkrupp Nucera strategically strengthens its positioning in the field of alkaline water electrolysis (AWE), now additionally also focusing on pressurized solutions. The technology enables highly efficient hydrogen production at operating pressures of up to 35 bar, offering a key advantage for industrial applications that require compressed hydrogen.

The acquisition is part of Thyssenkrupp Nucera’s strategy to advance its development roadmap and foster innovation. The transaction was fully financed from existing liquidity. The purchase price is in the high single-digit million-euro range. With the completion of the transaction, Thyssenkrupp Nucera further strengthens its position as a global leader in green hydrogen technology.

(ID:50563734)

Subscribe to the newsletter now

Don't Miss out on Our Best Content

By clicking on „Subscribe to Newsletter“ I agree to the processing and use of my data according to the consent form (please expand for details) and accept the Terms of Use. For more information, please see our Privacy Policy. The consent declaration relates, among other things, to the sending of editorial newsletters by email and to data matching for marketing purposes with selected advertising partners (e.g., LinkedIn, Google, Meta)

Unfold for details of your consent