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h2e Power, through its German subsidiary mPower GmbH, acquired Swiss fuel cell specialist Hexis AG from the Viessmann Group. The deal amount was not disclosed. Plans include building large manufacturing capacity in Pune.
HEXIS Group announced a €17 million investment plan for 2017-2020, including land acquisitions, a new casting line in Hagetmau, and modernization of factories in Frontignan and Hagetmau.
| Site | Largest | Latest |
|---|---|---|
| Frontignan and Hagetmau, France | $20.3M | 2017-09-07 |