thyssenkrupp nucera has signed an agreement to acquire key technology assets from Green Hydrogen Systems A/S, a Danish company specialized in pressurized alkaline electrolysis. The transaction is in line with thyssenkrupp nucera’s strategy to accelerate innovation and further strengthen its position in the global green hydrogen market.

The asset deal includes intellectual property as well as a test facility with a full-size prototype in Skive, Denmark. The purchase price will be settled entirely from available liquid funds; the specific amount has been kept confidential by mutual agreement.

Subject to the approval of the court-appointed trustee following the issuance of a bankruptcy decree for Green Hydrogen Systems A/S, consent from certain creditors of Green Hydrogen Systems A/S, and the necessary regulatory clearances, the transaction is expected to close in late summer 2025.