Following the press release on 13 January, where Blue World Technologies announced the acquisition of Danish Power System, the final approval from the Danish Business Authorities has now been granted.
With the acquisition, Blue World Technologies is welcoming fifteen highly skilled employees, and are thereby, strengthening their team. Going forward, Blue World Technologies will besides the headquarters in Aalborg, will also have a site in Kvistgaard, north of Copenhagen, Denmark.
Danish Power Systems has for the past 25-years specialised in high-temperature PEM technology and is widely recognised around the world. This acquisition enables Blue World Technologies to have all technologies and manufacturing of core components within the fuel cell stack value-chain in-house providing a strong platform for commercialising the methanol fuel cell technology.