M&A Deal Summary

Jericho Oil Acquires Hydrogen Technologies

On January 22, 2021, Jericho Oil acquired electrical equipment company Hydrogen Technologies

Acquisition Highlights
  • This is Jericho Oil’s 1st transaction in the Electrical Equipment sector.
  • This is Jericho Oil’s 1st transaction in the United States.
  • This is Jericho Oil’s 1st transaction in California.

M&A Deal Summary

Date 2021-01-22
Target Hydrogen Technologies
Sector Electrical Equipment
Buyer(s) Jericho Oil
Deal Type Add-on Acquisition

Target

Hydrogen Technologies

Stockton, California, United States
Hydrogen Technologies, Inc. is a provider of robust intellectual property for a breakthrough high-temperature Dynamic Combustion Chamber (“DCC”) boiler that enables zero-emissions hydrogen to generate heat, hot-water, high-temperature steam, and Combined Heat & Power (“CHP”) through a closed-loop process. Hydrogen Technologies was founded in 2017 and is based in Stockton, California.

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Buyer(S) 1

Buyer

Jericho Oil

Vancouver, British Columbia, Canada

Category Company
Sector Oil/Gas Exploration
DESCRIPTION

Jericho Oil Corp. is a developer and prouder of oil and natural gas properties. Jericho Oil is based in Vancouver, British Columbia.


DEAL STATS #
Overall 1 of 1
Sector: Electrical Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: California M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2021 M&A 1 of 1