Nel ASA’s Danish subsidiary Nel Hydrogen A/S (NH A/S) and PDC Machines, Inc. (PDC) have settled their legal dispute.
PDC, one of NH A/S’ American suppliers, issued a writ against NH A/S in December 2017 over alleged misappropriations of compressor trade secrets.
But the dispute has been settled and the parties will continue their joint efforts to provide products and services to customers in the hydrogen industry.
“We are very happy to put this behind us. With all the opportunities we see throughout the hydrogen industry, we can now spend all our energy in moving forward” says Jon André Løkke, CEO of Nel.
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