# 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.

- Type: Acquisition
- Announced: 2021-11-04
- Where: Colorado, United States
- Value: $8.00M
- Status: completed
- Capacity: 150 to 190 containerized biogas upgrading and hydrogen units per year
- Products: gas compressors, containerized biogas upgrading systems, hydrogen units
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Xebec Adsorption](https://endata.com/companies/6961.md) (acquirer)
- [UECompression](https://endata.com/companies/8562.md) (target)
- [BMI Mergers & Acquisitions](https://endata.com/companies/8689.md) (partner)

## Sources

- [compressortech2.com](https://www.compressortech2.com/news/uecompression-acquired-by-xebec/8016045.article), 2021-11-04: "The total consideration for the acquisition of the outstanding shares of UEC is of $8 million and is subject to certain holdbacks and adjustments."
- [prweb.com](https://www.prweb.com/releases/bmi-assists-in-acquisition-of-uecompression-in-denver-colorado-802091812.html), 2021-12-08: "This acquisition provides significant new manufacturing capacity for Xebec to meet growing U.S. demand for renewable gas systems."

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