# Xebec sells Applied Compression Systems assets to 1396905 B.C. Ltd.

Xebec Adsorption sold substantially all assets of its British Columbia subsidiary Applied Compression Systems Ltd. to 1396905 B.C. Ltd. The announcement is dated 7 February 2023 and no value was disclosed.

- Type: Acquisition
- Announced: 2023-02-07
- Where: British Columbia, Canada
- Status: completed
- Products: gas compression systems
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Xebec Adsorption](https://endata.com/companies/6961.md)
- [Applied Compression Systems](https://endata.com/companies/6962.md) (target)
- [1396905 B.C. Ltd.](https://endata.com/companies/10218.md) (acquirer)

## Sources

- [newswire.ca](https://www.newswire.ca/fr/news-releases/xebec-announces-sale-of-hygear-and-applied-compression-systems-813818323.html), 2023-02-07: "Xebec also proceeded with the sale of substantially all assets of its wholly owned British Columbia based subsidiary, Applied Compression Systems Ltd."

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