Fuji Electric acquires 70% of N2telligence

Fuji Electric Co., Ltd., through its European subsidiary Fuji Electric Europe GmbH, completed an agreement to acquire 70% of the shares of N2telligence, a German fuel cell company. The acquisition aims to strengthen and expand Fuji Electric's fuel cell business in Germany and Europe, leveraging N2telligence's exclusive patent license for fire prevention systems using fuel cell exhaust air.

“Fuji Electric Co., Ltd. has announced that its European subsidiary, Fuji Electric Europe GmbH, has completed an agreement to acquire 70% of the shares of N2telligence, a German fuel cell company in Wismar, Germany.”

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