Deal announced Oct 2001
Ballard Power to acquire DaimlerChrysler's XCELLSIS and Ford's Ecostar units
Ballard Power Systems, together with DaimlerChrysler and Ford, announced an agreement for Ballard to acquire DaimlerChrysler's XCELLSIS and Ford's Ecostar Electric Drive Systems units, consolidating the fuel cell alliance into Ballard.
“Ballard Power Systems Inc. of Vancouver, together with DaimlerChrysler AG and Ford Motor Co., have announced an agreement whereby Ballard will acquire DaimlerChrysler’s XCELLSIS and Ford’s Ecostar Electric Drive Systems units.”
Entities
Ballard Power Systems Inc. · Acquirer DaimlerChrysler AG · Parent Ecostar Electric Drive Systems · Target Ford Motor Co. · Parent XCELLSIS · Target
Other
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