M&A Deal Summary

Xebec Acquires HyGear Technology and Services B.V.

On December 8, 2020, Xebec acquired energy services and equipment company HyGear Technology and Services B.V. for 82M EUR

Acquisition Highlights
  • This is Xebec’s 1st transaction in the Energy Services and Equipment sector.
  • This is Xebec’s largest (disclosed) transaction.
  • This is Xebec’s 1st transaction in the Netherlands.

M&A Deal Summary
Date 2020-12-08
Target HyGear Technology and Services B.V.
Sector Energy Services and Equipment
Buyer(s) Xebec
Deal Type Add-on Acquisition
Deal Value 82M EUR

Target

HyGear Technology and Services B.V.

Arnhem, Netherlands
HyGear developed cutting-edge technologies for the on-site generation of industrial gases and the recycling of spent gases from the end-user’s process. By combining these technologies with traditional supply methods, HyGear guarantees the most optimal hydrogen supply in terms of cost, reliability, and environmental impact. These services are provided in the existing industrial gases market as well as the upcoming market of hydrogen energy. HyGear has offices in The Netherlands and Singapore.

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Buyer(S) 1

Buyer

Xebec

Blainville, Quebec, Canada
Category Company
Founded 1967
Sector Energy Services and Equipment
Employees670
Revenue 123M CAD (2021)
DESCRIPTION

Xebec is a provider of gas purification and filtration solutions for the natural gas, field gas, biogas, helium, and hydrogen markets. Xebec was founded in 1967 and is based in Blainville, Canada.

DEAL STATS #
Overall 4 of 6
Sector (Energy Services and Equipment) 1 of 1
Type (Add-on Acquisition) 4 of 6
Country (Netherlands) 1 of 1
Year (2020) 3 of 4
Size (of disclosed) 1 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-09-01 Applied Compression Systems

Cranbrook, British Columbia, Canada

Applied Compression Systems offers a single-source solution for air & gas compression requirements. The company has a strong focus on custom-designed and fabricated compressor packages for specialized applications in the oil, gas, petrochemical, alternative fuel, waste-to-energy, research, power generation, mining, and manufacturing industries. ACS can supply either standard units or design and fabricate equipment that is custom-built to specific requirements from concept to completion. Applied Compression Systems was formed in 2004 and is based in Cranbrook, British Columbia.

Buy $5M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2020-12-17 Inmatec

Herrsching, Germany

Inmatec is a manufacturer of nitrogen and oxygen generators with innovative stationery and mobile plants. Inmatec’s N2 and O2 product lines with PSA or membrane-based technologies offer solutions to meet the needs of customers of all sizes. In addition, the company offers customer-specific solutions for a range of N2 and O2 applications as part of its special plant construction. Inmatec is based in Herrsching, Germany.

Buy -
Mergr

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