SFC Energy
SFC Energy is a manufacturer of direct methanol and hydrogen fuel cells based in Brunnthal near Munich. The company also develops solutions for off-grid and stationary power generation and distribution. This also includes the production of voltage converters and switching power supplies. The fuel cells are produced at the headquarters in Brunnthal. Other production sites are located in Almelo in the Netherlands, in Romania and in Canada.
History
Gigantus Vermögensverwaltung was founded in 2000 and transformed into Smart Fuel Cell GmbH in 2002. In 2006, the company was transformed into a stock corporation. The change from the open market to the Prime Standard of the Frankfurt Stock Exchange in May 2007 was combined with a capital increase and generated around 57 million euros.The company was renamed SFC Energy in 2010. In November 2010, Holland Private Equity acquired around 25 percent of the shares from company founder Manfred Stefener and PRICAP Venture Partners and thus became a major shareholder in the company. The company has been listed on the OTC market since April 2006. The largest shareholder is HPE PRO Institutional Fund with around 25%, with around 48% of the shares in free float. The shares have been listed on the SDAX since December 2022.
In a period of over a decade following SFC's IPO in 2006, the company's balance sheet showed losses. The 57 million euros in issue proceeds were thus completely used up. A significant profit was achieved in 2018.
Turnover increased from 32.4 million euros in 2013 to 279 million euros at the end of 2018.
In the fourth quarter of 2011, the company acquired the Dutch PBF Group, which had emerged from Philips in 1999.
In January 2020, it was announced that SFC Energy will supply emergency power supply systems for mobile phone stations in Germany in cooperation with the Canadian company Ballard Power Systems and the German company AdKor.