Fuel Cell Merger

November 25, 2002 [SolarAccess.com] Amerada Hess has purchased the ownership interest in Nuvera Fuel Cells, Inc. held by Dehon, Inc., the surviving entity of the former Arthur D. Little, Inc. By virtue of the purchase, Amerada Hess increased its ownership stake to 53 percent of Nuvera’s outstanding shares. The remaining Nuvera shares are held by Gruppo DeNora, a technology licensing, engineering, and manufacturing company headquartered in Milan, Italy.

No posts to display