Announced
Completed
Synopsis
Hyzon Motors, an automotive company, completed the acquisition of Orten Betriebs, an electirc vehicle manufacturer. Financial terms were not disclosed. "We are proud to grow our team and our reach through such an esteemed and innovative provider of solutions in German logistics. We look forward to working with the ORTEN team to accelerate Germany's move to zero emissions through hydrogen fuel cell technology, and to deepen the customer relationships ORTEN has in the beverage industry to include the potential of Hyzon FCEVs," Craig Knight, Hyzon Motors CEO.
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