Insplorion has completed its strategic review and entered into an agreement in principle regarding the sale of its hydrogen sensor business to Mann Teknik AB for SEK 5,5 million
Insplorion AB (publ) (“Insplorion” or the “Company”) today announces that the previously communicated strategic review has now been concluded and that the Company has entered into an agreement in principle with Mann Teknik AB (“MannTek”) regarding an asset sale concerning Insplorion’s hydrogen sensor business (the “Business”), for a cash consideration of SEK 5.5 million. The parties now intend to negotiate the terms and conditions for the entry into a definitive agreement, which will be subject to approval by an extraordinary general meeting of the Company. Provided that the parties reach agreement on the contemplated transaction, a definitive agreement is expected to be entered into during the first quarter of 2026.
Regarding the asset sale of the Business
As previously communicated in a press release on November 3, 2025, the Company has conducted a strategic review of the Company’s operations, commercial conditions and strategic alternatives going forward. The strategic review has now been concluded, and the Company is proceeding with the alternative involving an asset sale, including assets and IP/patent rights within the Business, where MannTek and Insplorion have agreed on the principal terms of the transfer. Insplorion’s board of directors has, after considering the alternatives available to the Company, accepted the purchase price, amounting to SEK 5.5 million to be paid in cash. The parties will now initiate final negotiations to enter into a definitive agreement on the intended transaction during the first quarter of 2026. The definitive agreement will be conditional upon approval of the transaction by the Company’s shareholders at an extraordinary general meeting.
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Insplorion has completed its strategic review and entered into an agreement in principle regarding the sale of its hydrogen sensor business to Mann Teknik AB for SEK 5,5 million, source
