# Nuvera contributes PowerTap hydrogen generator assets to OneH2

Nuvera Fuel Cells, a subsidiary of Hyster-Yale Materials Handling, has signed a definitive agreement to contribute substantially all of its PowerTap hydrogen generator assets to OneH2 in exchange for an approximately 15% ownership interest and a board seat.

- Type: Acquisition
- Announced: 2018-12-03
- Where: United States
- Status: announced
- Products: PowerTap hydrogen generators, fuel cell engines
- Sectors: [Material Handling](https://endata.com/sectors/material-handling.md)

## Companies

- [Nuvera Fuel Cells](https://endata.com/companies/35856.md)
- [Hyster-Yale Materials Handling](https://endata.com/companies/17984.md) (partner)
- [OneH2](https://endata.com/companies/35857.md) (acquirer)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/hyster-yale-materials-handling-inc-announces-that-nuvera-sells-its-powertap-hydrogen-generator-assets-300758679.html), 2018-12-03: "Nuvera has signed a definitive agreement to contribute substantially all of its PowerTap ® hydrogen generator assets, excluding related intellectual property, to OneH2, a hydrogen fuel company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.