Acquisition History / Ballard Power Systems Inc. / GeoPura Limited
Ballard Power Systems Inc. Acquires GeoPura Limited
Announced June 23, 2026 — $371.3M
What happened
GeoPura is a UK-based provider of zero-emission hydrogen-based power solutions, including hydrogen power units for off-grid and temporary power. Canadian fuel-cell maker Ballard agreed to acquire GeoPura for an upfront equity price of £275M in cash and shares plus up to £27.5M of milestone-based contingent consideration, to become an integrated hydrogen ecosystem provider.
- Acquirer
- Ballard Power Systems Inc.
- Target
- GeoPura Limited
- Announced
- June 23, 2026
- Price
- $371.3M
- Industry
- Hydrogen power generation solutions
- Buyer type
- Strategic acquirer
- Status
- Announced, not yet closed
By the numbers
Frequently Asked Questions About This Acquisition
When did Ballard Power Systems Inc. acquire GeoPura Limited?
Ballard Power Systems Inc. acquired GeoPura Limited on June 23, 2026. This was Ballard Power Systems Inc.'s 1st publicly tracked acquisition out of 1 we have on record.
How much did Ballard Power Systems Inc. pay for GeoPura Limited?
Ballard Power Systems Inc. paid $371.3M for GeoPura Limited.
What does GeoPura Limited do?
GeoPura is a UK-based provider of zero-emission hydrogen-based power solutions, including hydrogen power units for off-grid and temporary power. Canadian fuel-cell maker Ballard agreed to acquire GeoPura for an upfront equity price of £275M in cash and shares plus up to £27.5M of milestone-based contingent consideration, to become an integrated hydrogen ecosystem provider.
What other Hydrogen power generation solutions companies has Ballard Power Systems Inc. acquired?
GeoPura Limited is Ballard Power Systems Inc.'s only publicly tracked acquisition in Hydrogen power generation solutions so far.