M&A Deal Summary

Advent Acquires fischer eco solutions

On June 25, 2021, Advent acquired electrical equipment company fischer eco solutions from fischer Group

Acquisition Highlights
  • This is Advent’s 3rd transaction in the Electrical Equipment sector.
  • This is Advent’s 1st transaction in Germany.

M&A Deal Summary

Date 2021-06-25
Target fischer eco solutions
Sector Electrical Equipment
Buyer(s) Advent
Sellers(s) fischer Group
Deal Type Divestiture

Target

fischer eco solutions

Achern, Germany
fischer eco solutions provides fuel-cell stack assembly and testing as well as the production of critical fuel cell components, including membrane electrode assemblies ("MEAs"), bipolar plates, and reformers. fischer eco solutions was founded in 2009 and is based in Achern, Germany.

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Buyer(S) 1

Buyer

Advent

Livermore, California, United States

Category Company
Founded 2006
Sector Electrical Equipment
Employees26
Revenue 3M USD (2024)
DESCRIPTION

Advent is an innovation-driven company in the fuel cell and hydrogen technology space. Advent's technology applies to electrification (fuel cells) and energy storage (flow batteries, hydrogen production) markets, which commercialize through partnerships with Tier1s, OEMs, and System Integrators. Advent was founded in 2006 and is based in Livermore, California.


DEAL STATS #
Overall 3 of 3
Sector: Electrical Equipment M&A 3 of 3
Type: Divestiture M&A Deals 3 of 3
Country: Germany M&A 1 of 1
Year: 2021 M&A 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-25 Serenergy

Aalborg, Denmark

Serenergy is a manufacturer of high-temperature polymer electrolyte membrane (“HT-PEM”) fuel cells globally, with thousands of systems shipped around the globe during its 15-year operation. Serenergy was founded in 2006 and is based in Aalborg, Denmark.

Buy -

Seller(S) 1

SELLER

fischer Group

Achern-Fautenbach, Germany

Category Company
Founded 1969
Sector Metals/Mining
Employees2,850
DESCRIPTION

fischer Group is a provider of longitudinally welded stainless steel tubes ("LWS Tubes") and components as well as subassemblies manufactured from LWS Tubes. fischer Group was founded in 1969 and is based in Achern-Fautenbach, Germany.


DEAL STATS #
Overall 2 of 2
Sector: Electrical Equipment M&A 2 of 2
Type: Divestiture M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2021 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-25 Serenergy

Aalborg, Denmark

Serenergy is a manufacturer of high-temperature polymer electrolyte membrane (“HT-PEM”) fuel cells globally, with thousands of systems shipped around the globe during its 15-year operation. Serenergy was founded in 2006 and is based in Aalborg, Denmark.

Sell -