Fuel Cell Systems Ltd.
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Fuel Cell Systems Ltd. - overview
Established
2010
Location
Berkshire, -, UK
Primary Industry
Power & Utilities
About
Based in the UK, Fuel Cell Systems Ltd. specializes in hydrogen refuelling solutions and fuel cell technologies for diverse applications, contributing to the global transition towards sustainable energy solutions. Fuel Cell Systems Ltd. is a company focused on advanced hydrogen technologies, founded in 2010 and headquartered in Berkshire, UK.
The company has undergone notable changes in its business strategy, including a recent acquisition by Hydrasun Group Holding Ltd. in September 2022, which secured a 52% majority stake. Their founder's background is not detailed in the provided information, nor is there mention of subsidiaries or previous mergers. The company has completed one significant deal, and its operations and product offerings have expanded in response to market demands.
Fuel Cell Systems Ltd. offers advanced hydrogen refuelling solutions and fuel cell technologies tailored for various sectors. Their product lineup includes static, modular, and mobile hydrogen refuelling units designed for hydrogen-powered vehicles such as cars, trucks, trains, boats, and airplanes. Key products include the HyFlow pump system for static refuelling and the HyTruck van for mobile refuelling, catering to a wide client base that includes automotive manufacturers, logistics companies, and public transport agencies.
The company operates in the UK, EU, and select regions in North America, emphasizing its role in promoting sustainable energy solutions. Fuel Cell Systems Ltd. primarily generates revenue through direct sales and partnerships with industrial clients and government entities. Transactions typically involve the sale of hydrogen refuelling systems and fuel cells, which clients can acquire as one-time purchases or through long-term service agreements.
The company also offers consultancy services for hydrogen integration, allowing for customized solutions. Pricing varies based on system complexity and capacity, with consultancy services priced competitively to reflect expertise. Their diverse offerings meet the needs of various sectors, reinforcing their presence in the hydrogen market. In January 2024, SCF Partners integrated Fuel Cell Systems Ltd.
into the D2Zero group alongside other companies. The recent acquisition in September 2022 is expected to provide the necessary resources for expanding their product offerings and market reach. The company plans to develop new hydrogen refuelling systems tailored for emerging markets and is targeting growth in Europe and North America by 2025. Funding from the recent acquisition will support these strategic initiatives, enhancing their infrastructure and technological capabilities.
Current Investors
D2Zero
Primary Industry
Power & Utilities
Sub Industries
Power Generation Equipment & Services
Website
www.fuelcellsystems.co.uk/
Company Stage
Add-on
Total Amount Raised
Subscriber access only
Fuel Cell Systems Ltd. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Fuel Cell Systems Ltd. | - |
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