Ballard Mergers & Acquisitions

Ballard M&A Summary

Ballard has acquired 3 companies, including 1 in the last 5 years.

Ballard’s largest acquisition to date was in 2021, when it acquired Arcola Energy for $40M. Ballard has acquired in 1 US state, and 3 countries. The Company’s most targeted sectors include energy services and equipment (34%) and automotive (34%).

M&A Summary

  • M&A Total Activity3
    • M&A Buy Activity3
  • Total Sectors Invested 3
  • Total Countries Invested 3
  • M&A Buy/Sell Connections 1

Ballard

Ballard Power Systems, Inc.

9000 Glenlyon Parkway,
Burnaby, British Columbia V5J 5J8
Canada,
(604) 454-0900
www.ballard.com

All (3) Buy (3) Sell (-)
Date Target Value
$mlns
Transaction Type Acquirer Seller SRC
Link
2021-11-11 Arcola Energy · Energy Services and Equipment
London, United Kingdom · www.arcolaenergy.com

Arcola Energy is a systems engineering company specializing in hydrogen fuel cell powertrain and vehicle systems integration. Arcola Energy produces its own range of powertrain products for zero-emission vehicles based on a proprietary A-Drive technology platform. Arcola Energy is based in London, United Kingdom.

40 Add-on Acquisition

Ballard
Advisor: National Bank Financial

-

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