Fuel cells: Ballard Power Systems buying Protonex for $30M

Green Car Congress
By mmillikinJun 29, 2015, 10:00 am82 pts
Ballard Power Systems signed a definitive agreement to acquire Protonex Technology Corporation, a designer and manufacturer of advanced power management products and portable fuel cell solutions, in a transaction valued at $30 million. Ballard is assuming and paying Protonex’s debt obligations at closing,…

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