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Ballard acquires Dantherm Power
Fuel Cells, Jan 29 2010 (The Hydrogen Journal)
- Vancouver fuel cell products manufacturer Ballard Power has acquired a controlling stake in Dantherm Power, a subsidiary of Dantherm, a Danish manufacturer of air handling systems for fuel cells, at a cost of $6m, according to reports by Associated Press.
Dantherm Power makes fuel cell backup power systems.
Ballard will make the investment in two phases between 2010 and 2012.