# Ballard Power Systems takes full ownership of European subsidiary Ballard Power Systems Europe

Ballard Power Systems bought the remaining shares of its Danish subsidiary Ballard Power Systems Europe A/S, formerly Dantherm Power, from Dansk Industri Invest for a nominal value, giving it 100% ownership. The subsidiary is based in Hobro, Denmark.

- Type: Acquisition
- Announced: 2017-02-01
- Where: Hobro, Denmark, Denmark
- Status: completed
- Products: fuel cell systems
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Ballard Power Systems](https://endata.com/companies/864.md) (acquirer)
- [Dansk Industri Invest](https://endata.com/companies/865.md) (partner)

## Sources

- [doi.org](https://doi.org/10.1016/s1464-2859(17)30087-1), 2017-02-01: "Ballard has purchased all the shares in its European subsidiary that were held by Dansk Industri Invest A/S, for a nominal value."

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