# Cummins and Air Liquide agree to acquire Hydrogenics Corporation

Cummins Inc. and Air Liquide's subsidiary H2C entered into a Funding and Investment Agreement on June 28, 2019 to acquire Hydrogenics Corporation. Air Liquide will hold up to 19.9% of Hydrogenics after the deal.

- Type: Acquisition
- Announced: 2019-06-28
- Where: Canada
- Status: announced
- Products: hydrogen fuel cells
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Air Liquide](https://endata.com/companies/2132.md) (investor)
- [Cummins](https://endata.com/companies/6668.md) (acquirer)
- [Hydrogenics Corporation](https://endata.com/companies/40342.md) (target)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/air-liquide-provides-an-update-on-its-holding-of-common-shares-of-hydrogenics-corporation-804676517.html), 2019-06-28: "The Hydrogen Company ("H2C"), a corporation formed and existing under the laws of France and an indirect wholly-owned subsidiary of L'Air Liquide S.A. ("Air Liquide"), is pleased to announce that it entered today into a Funding and Investment Agreement with Cummins Inc. to acquire Hydrogenics Corpor"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.