# Ballard Power Systems acquires Arcola Energy

Ballard Power Systems acquired 100% of British hydrogen fuel cell specialist Arcola Energy for up to USD 40 million. Arcola will be rebranded as Ballard Motive Solutions.

- Type: Acquisition
- Announced: 2021-12-13
- Where: London, United Kingdom
- Value: $40.0M
- Status: completed
- Products: hydrogen fuel cells
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Ballard Power Systems](https://endata.com/companies/864.md) (acquirer)
- [Arcola Energy](https://endata.com/companies/59642.md) (target)

## Sources

- [truckandbusbuilder.com](https://truckandbusbuilder.com/article/2021/12/13/ballard-acquires-arcola-energy), 2021-12-13: "Ballard has acquired 100% of Arcola, which currently has around 90 employees in the UK."

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