M&A Deal Summary

Hyzon Acquires ORTEN Betriebs

On June 13, 2022, Hyzon acquired automotive company ORTEN Betriebs

Acquisition Highlights
  • This is Hyzon’s 1st transaction in the Automotive sector.
  • This is Hyzon’s 1st transaction in Germany.

M&A Deal Summary

Date 2022-06-13
Target ORTEN Betriebs
Sector Automotive
Buyer(s) Hyzon
Deal Type Add-on Acquisition

Target

ORTEN Betriebs

Bernkastel-Kues, Germany
ORTEN Betriebs is a manufacturer of innovative truck and trailer bodies for the beverage industry. ORTEN Betriebs is based in Bernkastel-Kues, Germany.

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Buyer(S) 1

Buyer

Hyzon

Bolingbrook, Illinois, United States

Category Company
Founded 2020
Sector Automotive
Employees360
Revenue 4M USD (2022)
DESCRIPTION

Hyzon is a fuel-cell electric mobility with an exclusive focus on the commercial vehicle market, and a near-term focus on back-to-base (captive fleet) operations. Hyzon was founded in 2020 and is based in Bolingbrook, Illinois.


DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Germany M&A 1 of 1
Year: 2022 M&A 1 of 1