.
MergerLinks Header Logo

New Deal


Announced

Completed

Tritium went public via a SPAC merger with Decarbonization Plus Acquisition II in a $1.2bn deal.

Financials

Edit Data
Transaction Value£847m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales21x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

Edit

Tritium, an engineering and manufacturing company that specializes in sustainable energy applications, went public via a SPAC merger with Decarbonization Plus Acquisition II, a special purposes acquisition company, in a $1.2bn deal. “Our transaction with DCRN is transformative for the acceleration of electrification. We expect the capital raised through the transaction, together with anticipated additional funding, to support Tritium’s business operations and to help strengthen our products and services to our customers, and continue to advance the e-mobility industry. The goal in our industry is to reduce global emissions and this transaction will support our mission to electrify transportation," Jane Hunter, Tritium CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US