Xebec Adsorption completes acquisition of UECompression for $8M

Xebec Adsorption closed the acquisition of all outstanding shares of Colorado-based UECompression for a total consideration of $8 million, subject to holdbacks and adjustments. The deal adds a 100,000 sq. ft. US plant to expand biogas and hydrogen system production.

“The total consideration for the acquisition of the outstanding shares of UEC is of $8 million and is subject to certain holdbacks and adjustments.”compressortech2.com

• 2 sources
• compressortech2.comUECompression acquired by Xebec - CompressorTECH²Nov 4, 2021
• prweb.comBMI Assists in Acquisition of UECompression in Denver, ColoradoDec 8, 2021

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