# Rolls-Royce acquires 54% stake in Hoeller Electrolyzer

Rolls-Royce acquired a 54% majority stake in Hoeller Electrolyzer, a German electrolysis stack developer, to enter the hydrogen production market. The acquisition will form the basis of new mtu electrolyzer products.

- Type: Acquisition
- Announced: 2022-07-01
- Where: Wismar, Germany, Germany
- Status: completed
- Products: PEM electrolyzer stacks, hydrogen electrolyzers
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Rolls-Royce](https://endata.com/companies/984.md) (acquirer)
- [Hoeller Electrolyzer](https://endata.com/companies/63897.md) (target)

## Sources

- [heat-exchanger-world.com](https://heat-exchanger-world.com/rolls-royce-acquires-54-stake-in-hoeller-electrolyzer/), 2022-07-01: "Rolls-Royce is entering the hydrogen production market and acquiring a 54% majority stake in electrolysis stack specialist Hoeller Electrolyzer"

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