# Hyzon Motors to acquire Decarbonization Plus Acquisition Corporation in reverse merger

Hyzon Motors Inc. entered into a definitive agreement to acquire Decarbonization Plus Acquisition Corporation in a reverse merger transaction valued at $2.1 billion enterprise value. The deal includes a $400 million PIPE investment.

- Type: Acquisition
- Announced: 2021-02-08
- Where: United States
- Value: $2.10B
- Status: announced
- Products: hydrogen fuel cell vehicles
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hyzon Motors](https://endata.com/companies/49304.md) (acquirer)
- [Decarbonization Plus Acquisition Corporation](https://endata.com/companies/53114.md) (target)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/HYZON-MOTORS-INC-124927380/news/HYZON-Motors-Inc-entered-into-letter-of-intent-to-acquire-Decarbonization-Plus-Acquisition-Corporati-33531209/), 2021-02-08: "This transaction reflects a $2.1 billion enterprise value for Hyzon with a strong balance sheet."

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