#Sweden #Stockholm #Hydrogen #Metacon #Botnia

Metacon Increases Stake in Botnia Hydrogen AB

On January 5, 2026, Metacon AB announced a significant increase in its ownership of Botnia Hydrogen AB, acquiring a larger shareholding through a strategic share issue. Previously holding 21.6% of Botnia, Metacon now boasts a 60.8% stake in the company, positioning itself as the majority shareholder. This acquisition is part of Metacon's strategic focus on hydrogen-based transport solutions and paves the way for future initiatives.

The Details of the Acquisition

In this share issue by set-off, Metacon subscribed to 43,250 shares at a price of SEK 231.2 per share, collectively valued at SEK 10 million. The method of subscription involved offsetting this amount against an existing receivable from Botnia, allowing Metacon to maintain its cash position without immediate financial strain.

Botnia Hydrogen AB is recognized for its role in the production of fossil-free hydrogen, particularly through the operation of limited electrolyzers in Sweden. This commitment to creating sustainable solutions for the transport sector aligns with Metacon's long-term strategic objectives. As a result of this share increase, Botnia will now be consolidated as a subsidiary within Metacon's financial reports.

Statement from Metacon's Leadership

Christer Wikner, Metacon's CEO, expressed optimism regarding this acquisition, stating, "The transaction enables us to take a clearer step into the market for hydrogen production needed both for vehicle refueling and other applications, further sharpening our focus within the transport sector." He highlighted that the current market poses challenges, including a significant shortage of green hydrogen within Sweden, necessitating imports that compromise efficiency. Metacon aims to address this gap by enhancing its operational capabilities and cost-effective production of hydrogen.

Joachim Karthäuser from Zelk Energy, a fellow shareholder in Botnia, also commented on the deal. He noted, "We are pleased that Metacon has chosen to invest in Botnia Hydrogen AB. This strengthens our financial position and provides good opportunities to continue developing our operations."

Strategic Goals Moving Forward

With this acquisition, Metacon aims to further focus on business development within the hydrogen production sphere and potentially divest certain refueling station assets to specialized operators. The company seeks to reinforce its operations in hydrogen production and sales while addressing the rising demand in the sustainable transportation market.

Metacon AB, renowned for developing energy systems focused on producing fossil-free hydrogen, partners with leading entities like PERIC Hydrogen Technologies. It offers comprehensive electrolysis solutions tailored for large-scale hydrogen production. Furthermore, its specialized production-integrated hydrogen refueling stations cater to the global clean transport sector, ensuring Metacon remains at the forefront of this evolving industry.

For further information, please visit Metacon's official site.