# OneH2 acquires Nuvera PowerTap hydrogen generator business

OneH2 signed a definitive agreement to acquire all hydrogen generation and production assets of Nuvera Fuel Cells, LLC, a subsidiary of Hyster-Yale Materials Handling, including the PowerTap brand.

- Type: Acquisition
- Announced: 2019-02-26
- Where: United States
- Status: announced
- Products: hydrogen generators, PowerTap
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Hyster-Yale Materials Handling](https://endata.com/companies/17984.md) (partner)
- [Nuvera Fuel Cells](https://endata.com/companies/35856.md) (target)
- [OneH2](https://endata.com/companies/35857.md) (acquirer)
- [Nuvera](https://endata.com/companies/37794.md) (target)

## Sources

- [oneh2.com](https://oneh2.com/oneh2-acquires-nuvera-powertap-hydrogen-generator-business/), 2019-02-26: "I was already very excited about the speed at which our company was growing, and I am confident that this acquisition will engender even swifter growth."
- [mmh.com](https://www.mmh.com/topic/tag/Lift_Trucks/P645), 2019-03-05: "Acquisition to strengthen the OneH2 business model by adding agile small-scale hydrogen production technology for forklifts and other hydrogen-powered vehicles."

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