Advent’s acquisition of the fuel cell systems business of fischer Group allows it to fully integrate into downstream manufacturing, capturing margin and offsetting capex. The deal also gives the company access to an established route to market with fischer already having built share for sales of its own high temperature PEM (HT PEM) fuel cell solution. Overall, we see this deal as accelerating market traction for Advent and cementing its position as the clear leader in the HT PEM market.
25 Jun 2021
Advent Technologies - Acquisition Accelerates Traction
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Advent Technologies - Acquisition Accelerates Traction
- Published:
25 Jun 2021 -
Author:
Adam Forsyth -
Pages:
6
Advent’s acquisition of the fuel cell systems business of fischer Group allows it to fully integrate into downstream manufacturing, capturing margin and offsetting capex. The deal also gives the company access to an established route to market with fischer already having built share for sales of its own high temperature PEM (HT PEM) fuel cell solution. Overall, we see this deal as accelerating market traction for Advent and cementing its position as the clear leader in the HT PEM market.