18th Jan 2021 12:23
James Cropper PLC - papermaker - Says its subsidiary Technical Fibre Products Ltd has agreed to acquire PV3 Technologies Ltd, a manufacturer of electrochemical materials used in the creation of green hydrogen. The acquisition is building on recent capacity expansion, James Cropper explains, and it will increase Technical Fibre Products' portfolio of products for hydrogen technologies to provide new opportunities for growth and market penetration. No financial details of the deal were disclosed.
Current stock price: 1,179.00 pence, up 6.2% on Monday
Year-to-date change: up 7.2%
By Evelina Grecenko; [email protected]
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