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Fusion Fuel Green PLC completes acquisition of a controlling stake in Quality Industrial Corp. and announces executive leadership changes

PUBLIC · HTOONov 26, 2024

Acquiring Company

Fusion Fuel Green PLC

Acquired Company

Quality Industrial

San FranciscoEnergyOil And GasRenewable EnergyBiomass EnergyEnergyOil And Gas

Description

Fusion Fuel Green PLC, a leader in green hydrogen solutions, successfully closed the acquisition of a controlling stake in Quality Industrial Corp. This strategic acquisition strengthens Fusion Fuel’s position in the energy engineering, supply, and services business, creating a robust platform to capitalize on growing demand in the renewable energy and industrial gas sectors. The Company also made key executive leadership changes to align with its strategic vision.

Quick answer

Fusion Fuel Green PLC is acquiring Quality Industrial, announced November 26, 2024.

How much did Fusion Fuel Green PLC pay for Quality Industrial?
The deal value was not disclosed.
What does Fusion Fuel Green PLC do?
Fusion Fuel is rapidly emerging as a leader in the green hydrogen sector committed to accelerating the energy transition through the development of disruptive, clean hydrogen solutions.
Where are Fusion Fuel Green PLC and Quality Industrial based?
Quality Industrial is based in San Francisco, California, United States.
Who are the decision-makers at Fusion Fuel Green PLC?
Fundz holds 1 contact at Fusion Fuel Green PLC. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Fusion Fuel Green PLC

About

Fusion Fuel is rapidly emerging as a leader in the green hydrogen sector committed to accelerating the energy transition through the development of disruptive, clean hydrogen solutions. Fusion Fuel’s patented miniaturized Proton Exchange Membrane (PEM) electrolyzer, the HEVO, and building-block approach to green hydrogen production, unlock unprecedented modularity and flexibility in the design and deployment of cost-competitive, decentralized green hydrogen solutions. Its business lines include the sale of its electrolyzer technology to customers interested in building their own green hydrogen production, the development of turnkey hydrogen plants to be owned and operated by Fusion Fuel, and the sale of green hydrogen as a commodity to end-users through long-term hydrogen purchase agreements. Learn more about Fusion Fuel by visiting our website at https://www.fusion-fuel.eu, and by following us on LinkedIn.

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Frequently asked

Who acquired Quality Industrial?

Quality Industrial was acquired by Fusion Fuel Green PLC. The deal was reported on November 26, 2024. Fusion Fuel is rapidly emerging as a leader in the green hydrogen sector committed to accelerating the energy transition through the development of disruptive, clean hydrogen solutions. Fusion Fuel Green PLC is publicly traded (HTOO) and operates in Energy.

When did Fusion Fuel Green PLC acquire Quality Industrial?

Fusion Fuel Green PLC's acquisition of Quality Industrial was reported on November 26, 2024. Fusion Fuel Green PLC, a leader in green hydrogen solutions, successfully closed the acquisition of a controlling stake in Quality Industrial Corp. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Quality Industrial do?

Quality Industrial Corp. (QIND) is a Manufacturer and Service Provider for the Industrial, Oil & Gas and Utility sectors. It is publicly traded (QIND), operating in Energy, and is based in San Francisco.

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