Deal closed Feb 2016 · Wismar, Germany Verified
Fuji Electric acquires 70% of German fuel-cell company N2telligence
Fuji Electric's European subsidiary completed an agreement to acquire 70 percent of the shares of N2telligence, a German fuel cell company, as part of Fuji Electric's clean and renewable energy expansion (geothermal, hydro, solar PV, fuel cells).
“EDISON, N.J. — Fuji Electric Co. Ltd. announced that its European subsidiary, Fuji Electric Europe GmbH, has completed an agreement to acquire 70 percent of the shares of N2telligence, a German fuel cell company headquartered in Wismar, Germany, best known for holding the exclusive license for the patent on a fire prevention system using exhaust air from fuel cells.”
Entities
Fuji Electric Co. Ltd. · Acquirer Fuji Electric Europe GmbH · Acquirer N2telligence · Target
Other
Source: www.achrnews.com
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