Report
Mahaut Arnaud ...
  • Paul de Froment
  • Thomas Mordelle

Ceres Power: Bosch exits strategic partnership

Ceres Power announced yesterday that its partner and major shareholder Bosch intends to end its partnership after a broad revision of its strategic focus and a thorough realignment regarding fuel cell technologies. As a consequence, Bosch is planning to (i) discontinue its operations and investment
Underlying
Ceres Power Holdings PLC

Ceres Power Holdings is a fuel cell technology and engineering company. Co. is working with partners to embed its SteelCell™ technology in mass-market energy products for the commercial, residential and transportation markets. SteelCell™ is Co.'s Solid Oxide Fuel Cell. SteelCell™ is a perforated sheet of steel with special screen-printed ceramic layers that electrochemically convert a variety of fuels directly into power. The principal activity of Co.'s subsidiary, Ceres Power Ltd is the commercialisation and continued development of Co.'s fuel cell technology.

Provider
Bryan Garnier
Bryan Garnier

Since 1996, Bryan, Garnier & Co has been growing with an absolute conviction that the investment banking landscape would experience a major revolution: most of the large local generalist banking groups will disappear to the benefit of a handful of global powerhouses, and an emerging group of independent, highly specialised boutique investment banks.

Analysts
Mahaut Arnaud

Paul de Froment

Thomas Mordelle

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