Johnson Matthey reorganises with greater hydrogen focus

Investment in AEM electrolyser manufacturer Enapter part of wider strategic reorientation of the business

Technology firm Johnson Matthey has reorganised its business following an in-depth review of its operations overseen by incoming CEO Liam Condon. The firm has simplified its operations, focusing on four key business areas: clean air, catalyst technologies, hydrogen technologies and precious group metal (PGM) services.  A new efficiency programme aims to deliver £150mn/yr ($188mn) in cost savings by 2024-25, and a new leadership team has been brought in to oversee the changes that includes new business leads for each of the four divisions. “Our complex business structure and lack of commercial focus is getting in the way of our ability to create significant value. That is why we need to simpl