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  6. NACCO Materials Handling Group Acquires Nuvera Fuel Cells

M&A Deal Summary

NACCO Materials Handling Group Acquires Nuvera Fuel Cells

On December 18, 2014, NACCO Materials Handling Group acquired automotive company Nuvera Fuel Cells

Acquisition Highlights
  • This is NACCO Materials Handling Group’s 1st transaction in the Automotive sector.
  • This is NACCO Materials Handling Group’s 1st transaction in the United States.
  • This is NACCO Materials Handling Group’s 1st transaction in Massachusetts.

M&A Deal Summary
Date 2014-12-18
Target Nuvera Fuel Cells
Sector Automotive
Buyer(s) NACCO Materials Handling Group
Deal Type Add-on Acquisition

Target

Nuvera Fuel Cells

Billerica, Massachusetts, United States
Nuvera Fuel Cells, Inc. is a development-stage technology and product development company focused on fuel cell stacks and related systems and supporting on-site hydrogen production and dispensing systems that can deliver clean energy solutions to customers.

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Buyer(S) 1

Buyer

NACCO Materials Handling Group

Portland, Oregon, United States
Category Company
Sector Machinery
DESCRIPTION

NACCO Materials Handling Group, Inc. designs, engineers, manufactures, sells and services a comprehensive line of lift trucks and aftermarket parts marketed globally primarily under the Hyster® and Yale® brand names.

DEAL STATS #
Overall 1 of 1
Sector: Automotive M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Massachusetts M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2014 M&A 1 of 1
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