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ACQUISITION: Faurecia acquires China-based high-pressure hydrogen tank manufacturer CLD

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Acquisition, divestment & Spinoff

Faurecia and CLD will develop and manufacture homologated type III and IV hydrogen storage tanks for the Chinese market

In a move to strengthen its hydrogen mobility strategy, Faurecia has acquired mainland China-based high-pressure hydrogen tank manufacturer CLD, the company announced in a press release on 16 February.

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