John Cockerill Hydrogen Appointed as the Buyer of the Majority of McPhy’s Activities, Including the Belfort Gigafactory (McPhy Energy SA)
3 Articles
3 Articles
John Cockerill Hydrogen appointed as the buyer of the majority of McPhy’s activities, including the Belfort Gigafactory (McPhy Energy SA)
) Press release John Cockerill Hydrogen appointed as the buyer of the majority of McPhy's activities, including the Belfort Gigafactory - Judicial reorganization proceedings converted into judicial liquidation - Trading suspension Foussemagne (France), July 8, 2025 - 7.30 pm CEST McPhy Energy ("McPhy") announces that, by judgment dated July 8, 2025, the Belfort Commercial Court (the "Court") approved a disposal plan for part of McPhy's assets an…
French court gives green light for acquisition of McPhy by Cockerill
Walloon industrial group John Cockerill has received approval from the Belfort Commercial Court for its acquisition of McPhy. That French company produces electrolyzers to produce green hydrogen, which can be used, among other things, as fuel for various modes of transportation. With the acquisition, John Cockerill Hydrogen aims to create a world champion in hydrogen by developing a new product, the ‘MoJo-stack’. John Cockerill will retain 51 of…
Coverage Details
Bias Distribution
- 100% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium