# Fortescue acquires Williams Advanced Engineering, rebrands as WAE Technologies

Fortescue completed the acquisition of Williams Advanced Engineering in March 2022, and the company has now rebranded as WAE Technologies. The new focus includes developing green mining trucks, both battery and hydrogen fuel cell.

- Type: Acquisition
- Announced: 2022-03-01
- Where: Oxfordshire, United Kingdom
- Status: completed
- Products: battery systems, electrification, green mining trucks
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Fortescue](https://endata.com/companies/67647.md) (acquirer)
- [WAE Technologies](https://endata.com/companies/67648.md) (target)

## Sources

- [im-mining.com](https://im-mining.com/2023/01/03/williams-advanced-engineering-rebrands-as-wae-technologies-following-acquisition-by-fortescue/), 2023-01-03: "We are now entering a new phase in the company’s growth plans and the time is appropriate"

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