Metacon has acquired all outstanding shares in its existing portfolio company Helbio, which was spun out of University of Patras two decades ago.

Helbio, a Greece-based hydrogen energy technology spinout of University of Patras, has agreed to an acquisition by its existing majority shareholder, hydrogen production systems producer Metacon. Metacon purchased the entire 41.1% stake it did not already own for approximately SEK129 ($15.3m) in stock. Founded in 2001, Helbio is commercialising hydrogen production systems for industrial use…

The rest of this content is only accessible to University Venturing: News, Data, and Events - Global University Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.