# Linde acquires minority stake in ITM Power, UK electrolyzer maker

Linde acquired a minority stake in ITM Power plc, a British maker of PEM electrolyzers for hydrogen production, completed on October 22, 2019. The stake was announced on October 23, 2019.

- Type: Acquisition
- Announced: 2019-10-23
- Where: Guildford, United Kingdom
- Status: completed
- Products: PEM electrolyzers, hydrogen energy solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Linde](https://endata.com/companies/472.md) (acquirer)
- [ITM Power](https://endata.com/companies/5705.md) (target)

## Sources

- [linde.com](https://www.linde.com/news-and-media/2019/linde-acquires-minority-stake-in-itm-power-and-agrees-joint-venture), 2019-10-23: "The transaction, which was completed on October 22, provides Linde with a strategic investment in a world leading manufacturer of integrated hydrogen energy solutions."

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