Snam acquires 33% stake in De Nora for €0.4 billion

Snam is acquiring a 33% stake in De Nora, a global leader in sustainable technologies, for approximately €0.4 billion. The investment supports Snam's hydrogen strategy and provides exposure to De Nora's water business.

“De Nora's electrodes technology complements Snam's hydrogen strategy, and the company is well-positioned in the fast-growing electrolyzer market.”slideshare.net

• 1 source
• slideshare.netAcquisition of a strategic stake in De Nora | PDFSnamDec 2, 2020

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