Freudenberg targets fuel cell, battery technology with acquisitions

Weinheim, Germany – Freudenberg Sealing Technologies has announced “strategic investments” in the energy and electric mobility sector ahead of the Battery Show Europe in Hanover, Germany.

The company said it acquired “portions of” fuel cell manufacturer Elcore and its sister company Elcomax in Munich, Germany in early 2018.

Elcore, founded eight years ago, is a start-up specialised in “extremely efficient” fuel cell for stationary applications with an overall efficiency of 104%, said Freudenberg Sealing Technologies on 14 May.

Additionally, the sealing supplier acquired a minority stake in XALT…

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