The transaction, finalised following regulatory approvals and the consent of the court-appointed insolvency administrator, includes intellectual property and a test facility with a full-size prototype in Skive, Denmark.
With this acquisition, thyssenkrupp nucera strengthens its positioning in alkaline water electrolysis (AWE), adding a focus on pressurised solutions. The technology enables hydrogen production at operating pressures of up to 35 bar, offering a significant advantage for industrial applications requiring compressed hydrogen.
The transaction, fully financed from existing liquidity, was concluded for a purchase price in the high single-digit million euro range. It forms part of thyssenkrupp nucera’s strategy to advance its development roadmap and foster innovation, further reinforcing the company’s position as a global leader in green hydrogen technology.
