# Blue World Technologies acquires 15% stake in Danish Power Systems

Blue World Technologies has acquired a 15 percent stake in Danish Power Systems, a fuel cell component manufacturer. The deal strengthens their existing collaboration on methanol fuel cell systems.

- Type: Acquisition
- Announced: 2019-08-25
- Where: Kvistgård, Denmark
- Status: announced
- Products: methanol fuel cell systems, MEA components
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Blue World Technologies](https://endata.com/companies/41572.md) (acquirer)
- [Danish Power Systems](https://endata.com/companies/41573.md) (target)

## Sources

- [frederiksborgamtsavis.sn.dk](https://frederiksborgamtsavis.sn.dk/article/2011376/helsingoer-kommune/erhverv/aalborg-firma-koeber-sig-ind-i-kvistgaard-selskab), 2019-08-25: "Det er med stor glæde, at vi kan meddele, at Blue World Technologies har taget vores stærke samarbejde med Danish Power Systems til næste niveau."

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