Acquiring Company
SAMSUNG E&A
Acquired Company
Nel Hydrogen
OsloManufacturingEnergyOil And GasRenewable EnergyConstructionManufacturingEnergyRenewable EnergyDescription
SAMSUNG E&A has acquired a 9.1% stake in Norwegian hydrogen company Nel ASA for approximately USD 33 million. The acquisition, completed on March 11, also includes a strategic partnership to enhance hydrogen technology collaboration. This move positions SAMSUNG E&A at the forefront of the green hydrogen market and reflects its commitment to sustainability.
Quick answer
SAMSUNG E&A is acquiring Nel Hydrogen, announced March 12, 2025.
- How much did SAMSUNG E&A pay for Nel Hydrogen?
- The deal value was not disclosed.
- What does SAMSUNG E&A do?
- SAMSUNG E&A is a global energy solutions provider focused on innovative technologies in energy transition and sustainability.
- Where are SAMSUNG E&A and Nel Hydrogen based?
- Nel Hydrogen is based in Oslo, Oslo, Norway.
- Who are the decision-makers at SAMSUNG E&A?
- Fundz holds 1 contact at SAMSUNG E&A. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at SAMSUNG E&A, and when
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Frequently asked
Who acquired Nel Hydrogen?
Nel Hydrogen was acquired by SAMSUNG E&A. The deal was reported on March 12, 2025. SAMSUNG E&A is a global energy solutions provider focused on innovative technologies in energy transition and sustainability. SAMSUNG E&A is privately held and operates in Manufacturing.
When did SAMSUNG E&A acquire Nel Hydrogen?
SAMSUNG E&A's acquisition of Nel Hydrogen was reported on March 12, 2025. SAMSUNG E&A has acquired a 9.1% stake in Norwegian hydrogen company Nel ASA for approximately USD 33 million. The acquisition, completed on March 11, also includes a strategic partnership to enhance hydrogen technology collaboration. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Nel Hydrogen do?
Nel Hydrogen is the first dedicated hydrogen company on the Oslo Stock Exchange. We have our roots from the hydrogen activities of Norsk Hydro, dating back to 1927. It is privately held, operating in Manufacturing, and is based in Oslo.
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