Cummins acquires Hydrogenics for USD 290 million for fuel cell, hydrogen production tech  [ USA ] [ Canada ]

Cummins Inc. announced that it closed on the previously announced acquisition of fuel cell and hydrogen production technologies provider Hydrogenics Corporation. The acquisition of stock was completed for approximately USD 290 million and follows the approval of Hydrogenics shareholders. Air Liquide will own approximately 19% of the company while Cummins maintains an approximately 81% ownership...
<Sep 10, 2019>