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  6. Watt Fuel Cell Acquires Pittsburgh Electric Engines

M&A Deal Summary

Watt Fuel Cell Acquires Pittsburgh Electric Engines

On April 24, 2014, Watt Fuel Cell acquired automotive company Pittsburgh Electric Engines

Acquisition Highlights
  • This is Watt Fuel Cell’s 1st transaction in the Automotive sector.
  • This is Watt Fuel Cell’s 1st transaction in the United States.
  • This is Watt Fuel Cell’s 1st transaction in Pennsylvania.

M&A Deal Summary
Date 2014-04-24
Target Pittsburgh Electric Engines
Sector Automotive
Buyer(s) Watt Fuel Cell
Deal Type Add-on Acquisition

Target

Pittsburgh Electric Engines

Mount Pleasant, Pennsylvania, United States
Pittsburgh Electric Engines, Inc. (PEEI) developed the only practical alternative energy engine capable of powering heavy highway trucks and military vehicles while saving energy costs and environmental impact.

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Buyer(S) 1

Buyer

Watt Fuel Cell

Mount Pleasant, Pennsylvania, United States
Category Company
Founded 2010
Sector Renewable Energy
DESCRIPTION

Watt Fuel Cell Corp. is a developer and manufacturer of solid oxide fuel cell (SOFC) components and systems.

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