# exceet Group to acquire APEX Group, green hydrogen electrolyser developer

exceet Group SCA signed a business combination agreement to acquire all of APEX Group, a developer of green hydrogen electrolysis plants. It will pay about EUR 25 million in cash for 20.8% and issue new shares for the remaining 79.2%.

- Type: Acquisition
- Announced: 2023-01-19
- Value: $27.0M (25.0M EUR)
- Status: announced
- Products: green hydrogen electrolysis plants
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [exceet Group SCA](https://endata.com/companies/10157.md) (acquirer)
- [APEX Group](https://endata.com/companies/10158.md) (target)

## Sources

- [live.deutsche-boerse.com](https://live.deutsche-boerse.com/nachrichten/EQS-Adhoc-exceet-Group-SCA-Zusammenschluss-zwischen-der-exceet-Group-SCA-und-der-APEX-Group-Pflichtangebot-deutsch-9fe127dd-a2b1-4af7-804c-b5cc0fb9654a), 2023-01-19: "die exceet (i) 20,8% der APEX-Geschäftsanteile für einen Barkaufpreis in Höhe von rund EUR 25.000.000 und (ii) die restlichen 79,2% der APEX-Geschäftsanteile gegen Ausgabe von neuen exceet-Aktien im Rahmen einer Sacheinlage erwirbt"

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