Cummins Buys Out Air Liquide’s 19% Stake in Hydrogenics Corporation

The move gives Cummins full ownership of key fuel cell and electrolyzer technologies and enables growth in hydrogen technologies.

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Cummins Inc. has announced the buyout of Air Liquide’s 19% interest in Hydrogenics Corporation. Cummins acquired Hydrogenics in 2019, adding key fuel cell and electrolyzer technologies to its portfolio. 

Cummins’ buyout reinforces its commitment to these technologies and the increasing importance they will play in creating value for all stakeholders and decarbonizing the world. This move enables continued investment and growth in hydrogen technologies to meet rapidly growing demand.