Atawey, leader in hydrogen charging stations, announces the acquisition of McPhy’s charging station business, for a fixed price of 12 million euros.
Atawey: find official information on the company’s press release here.
Atawey, leader in hydrogen charging stations, announces the acquisition of McPhy’s charging station business, for a fixed price of 12 million euros. Joffe & Associés (Christophe Joffe, Thomas Saltiel, Alvyn Gobardhan, Rudy Diamant & Joanna Verissel, Clémence Bressolin, Sara Belliot & Irina Ratsimandresy) advised Atawey on this transaction.
With this acquisition, Atawey consolidates its position on the European market with a fleet of 70 stations, making it the European leader in hydrogen charging stations. The acquisition includes a production site capable of manufacturing over 80 stations a year, and the integration of 40 McPhy employees, bringing the total number of employees to 145.
Atawey also benefits from McPhy’s R&D expertise, reinforcing its know-how with over ten years’ experience and several patents. This operation significantly increases Atawey’s production capacity, enabling it to meet strong demand and aim for profitability.
Internationally, this acquisition helps Atawey to expand its range of services and enter new markets, with projects underway in Italy in particular. McPhy will continue to work with Atawey to ensure the success of projects and the performance of existing stations.
- Purchaser: ATAWEY , Pierre-Jean Bonnefond , Jean-Michel Amaré, Lucile Milon
- [Purchaser] Investment banker: SG (EX SOCIÉTÉ GÉNÉRALE CIB) , Guillaume Dovillers , Nicolas Sanson
- [Purchaser] Lawyers: JOFFE & ASSOCIES , Christophe Joffe , Thomas Saltiel, Alvyn Gobardhan, Joanna Verissel & Rudy Diamant
- Vendor : MC PHY
- [Vendor] Investment banker: BNP PARIBAS CF
- [Seller] Lawyers: GIDE , Olivier Diaz , Elise Bernard , Charlotte Duval
