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M&A Deal Summary

NEL Acquires H2 Logic A/S

On June 25, 2015, NEL acquired energy services and equipment company H2 Logic A/S

Acquisition Highlights
  • This is NEL’s 1st transaction in the Energy Services and Equipment sector.
  • This is NEL’s 1st transaction in Denmark.

M&A Deal Summary
Date 2015-06-25
Target H2 Logic A/S
Sector Energy Services and Equipment
Buyer(s) NEL
Deal Type Add-on Acquisition

Target

H2 Logic A/S

Herning, Denmark
H2 Logic A/S is a manufacturer of H2Station® hydrogen refueling stations that provides fuel cell electric vehicles with the same fast fueling and long range as conventional vehicles today.

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Buyer(S) 1

Buyer

NEL

Oslo, Norway
Category Company
Founded 1927
Sector Energy Services and Equipment
Employees361
Revenue 1.4B NOK (2024)
DESCRIPTION

NEL is a hydrogen company that delivers various solutions to produce, store, and distribute hydrogen from renewable energy in Norway, the United States, Denmark, and South Korea. Nel was founded in 1927 and is based in Oslo, Norway.

DEAL STATS #
Overall 1 of 1
Sector: Energy Services and Equipment M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Denmark M&A 1 of 1
Year: 2015 M&A 1 of 1
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