Special Situations/Distressed • Energy Services and Equipment

Ivys Adsorption Acquires Xebec

On February 27, 2023, Ivys Adsorption acquired energy services and equipment company Xebec

Acquisition Context
  • This is Ivys Adsorption’s 1st transaction in the Energy Services and Equipment sector.
  • This is Ivys Adsorption’s 1st transaction in Canada.
  • This is Ivys Adsorption’s 1st transaction in Quebec.

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M&A Deal Summary

Date February 27, 2023
Target Xebec
Sector Energy Services and Equipment
Buyer(s) Ivys Adsorption
Deal Type Special Situations/Distressed
Advisor(s) Osler (Legal)

Target Company

Xebec

Blainville, Quebec, Canada
Xebec is a provider of gas purification and filtration solutions for the natural gas, field gas, biogas, helium, and hydrogen markets. Xebec was founded in 1967 and is based in Blainville, Quebec.
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Buyer Overview 1

Buyer

Ivys Adsorption

Blainville, Quebec, Canada

Category Company
Founded 2023
Sector Energy Services and Equipment
DESCRIPTION

Ivys Adsorption is a global provider of clean energy solutions for renewable and low carbon gases used in energy, mobility and industrial applications. The company specializes in deploying a portfolio of proprietary technologies for the distributed production of hydrogen, renewable natural gas, carbon capture and other industrial gases. Ivys Adsorption was founded in 2023 and is based in Blainville, Québec.


Deal Context for Buyer #
Overall 1 of 1
Sector: Energy Services and Equipment 1 of 1
Type: Special Situations/Distressed 1 of 1
State: Quebec 1 of 1
Country: Canada 1 of 1
Year: 2023 1 of 1