Bosch is strengthening its strategic collaboration with fuel-cell expert Ceres Power by increasing its stake to 18 per cent.
Bosch, an industrial giant and a leading provider of automotive systems, previously had a stake in Ceres of 3.9 per cent.
The stake increase is achieved through a subscription by Bosch for new Ceres Power shares, as well as the purchase of further shares from existing shareholders. [Read more…] about Bosch increases stake in fuel-cell maker Ceres Power to €90 million