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) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Massachusetts) 1 of 1
Country (United States) 1 of 1
Year (2014) 1 of 1
Mergr

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