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Faerch Group acquisition 'stepping stone' into the US market

Faerch Group acquisition 'stepping stone' into the US market
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Deal gives US footprint to European rigid packaging thermoformer Faerch Plast

Deal gives US footprint to European rigid packaging thermoformer Faerch Plast
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Green Hydrogen Systems A/S announces intention to launch an Initial Public Offering on Nasdaq Copenhagen

Green Hydrogen Systems A/S announces intention to launch an Initial Public Offering on Nasdaq Copenhagen
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Electrolyser maker Green Hydrogen Systems plans Copenhagen IPO

By Reuters Staff 2 Min Read COPENHAGEN (Reuters) - Green Hydrogen Systems, which makes electrolysers to produce green hydrogen, said on Thursday it plans to raise around 1 billion Danish crowns ($164 million) in an initial public offering (IPO) in Copenhagen. The Danish company, which has already secured backing from state pension fund ATP, the Danish growth fund, Nordea and Maersk-owner A.P. Moller Holding, plans to use the proceeds for research and development and to ramp up production capacity. “Green Hydrogen Systems is well-positioned to become a leading supplier of electrolysers for the production of hydrogen based on renewable electricity,” Thyge Boserup, chairperson of Green Hydrogen Systems, said in a statement.

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UPDATE 1-Electrolyser maker Green Hydrogen Systems plans Copenhagen IPO

By Reuters Staff 2 Min Read COPENHAGEN (Reuters) - Green Hydrogen Systems, which makes electrolysers to produce green hydrogen, said on Thursday it plans to raise around 1 billion Danish crowns ($164 million) in an initial public offering (IPO) in Copenhagen. The Danish company, which has already secured backing from state pension fund ATP, the Danish growth fund, Nordea and Maersk-owner A.P. Moller Holding, plans to use the proceeds for research and development and to ramp up production capacity. “Green Hydrogen Systems is well-positioned to become a leading supplier of electrolysers for the production of hydrogen based on renewable electricity,” Thyge Boserup, chairperson of Green Hydrogen Systems, said in a statement.

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