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Powercell Sweden AB purchased a 4.1 per cent stake in the Swedish manufacturer of fuel cell technology

Published On 10 Dec 2019 10:10 AM


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A longtime major shareholder in Powercell Sweden AB (STO: PCELL), a venture capital firm Midroc New Technology (MNT), has emerged as an investor and purchased a 4.1 per cent stake in the Swedish manufacturer of fuel cell technology.

Finindus, a Belgian investment company owned by ArcelorMittal and the authorities of Belgium's Flanders province, acquired the interest for an undisclosed amount.

Finindus has reduced its sh....


Tags : shareholder , Powercell , fuel cell technology, German engineering company, Volvo group,
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