ISSUE 2 | 2022
world’s largest private investment in green hydrogen technology. Climate Hy24, a Germany based clean hydrogen infrastructure investment platform which is a joint venture between Ardian (a PE) and FiveT Hydrogen teamed up with other investors Mirova SA, Caisse de Depot et Placement du Quebec (CDPQ) and Technip Energies N.V. to acquire Hy2gen AG. The German company develops, finances, builds and operates plants to produce green hydrogen and hydrogen‑based e-fuels. The sectors TMT (26), Industrials & Chemicals (16), Business Services (9) and Pharma, Medical & Biotech (7) were the most active mid-market sectors in the DACH region in Q1 2022. All four sectors together account for approx. 80% of all deals in the DACH region. The TMT sector deserves special mention; it recorded 26 transactions and stays on a high level compared to Q4 2021 (24 equals +8.3%) and Q1 2021 (25 equals +4%).
Frankfurt Stock Exchange and will have a shareholder base consisting of tado’s and GFJ’s existing investors as well as the new PIPE investors. Another of the Quarter’s biggest deals resulted in the creation of a new Swiss technology champion with more than 3,000 employees. Metall Zug AG (Switzerland) sold its business unit Schleuniger AG to Komax AG, a Switzerland based manufacturer of wire processing machinery. Schleuniger develops, manufactures, and markets wire and cable processing machines. As part of the deal structure Metall Zug AG received a 25% stake in Komax AG; the aim of the merger is to maximise opportunities in the field of automated cable processing and secure the long-term competitiveness of both companies. The deal value of $393m makes it the second largest transaction in Q1 2022. With a deal value of $227m a transaction involving Hy24 and a group of financial and institutional investors became the
PARTNER - HEAD OF CORPORATE FINANCE
JANE EVANS M&A
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