# HoSt Energy Systems acquires hydrogen specialist HyGear

HoSt Energy Systems has acquired HyGear, a hydrogen generation technology company, in a deal concluded on February 6, 2023. The acquisition aims to leverage synergies in renewable gas technologies.

- Type: Acquisition
- Announced: 2023-02-06
- Where: Enschede, Netherlands
- Status: completed
- Products: hydrogen generation systems, steam methane reforming technology, electrolysis
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [HyGear](https://endata.com/companies/34686.md) (target)
- [HoSt Energy Systems](https://endata.com/companies/68410.md) (acquirer)

## Sources

- [npex.nl](https://www.npex.nl/en/2023/02/07/hygear-overname-door-host-energy-systems-voortgangsbericht-sob-7-2-2023/), 2023-02-07: "HoSt expresses its objective to utilize the synergy opportunities between both organizations and to grow HyGear successfully as a standalone 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.