Acquisition of Ace Creation, a manufacturer of hydrogen fuel cell bipolar plates2020-12-09 [14:05]
According to related industries on December 9, 2020, CEO Sung Do-kyung of Vinatech acquired 100% of Ace Creation stake, a manufacturer of hydrogen fuel cell bipolar plates, for a total of 700 million won.
With the acquisition, Vinatech has become the only company in Korea can manufacture produce carbon support, catalyst, membrane electrode assembly and even bipolar plates, which are key components of hydrogen fuel cell stacks.
Vinatech expects this acquisition to expand its hydrogen fuel cell value chain. In other words, it has a system that can produce all of the key components that make up the fuel cell stack.
*News source: Maeil Business News Korea(https://www.mk.co.kr/news/stock/view/2020/12/1263194/), 2020.12.09 (Excerpt partially rearranged)ย
VINATech established in 1999 has developed and produced Ultracapacitor and Fuel Cell Membrane Electrode Assembly, and is equipped with smart factory based production facilities with the highest level of automation in order to ensure the highest quality level.ย
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