Hyzon Motors goes shopping in Germany: ORTEN Betriebs and and ORTEN Electric Trucks acquired
The acquisition brings three fully-operational production facilities and a team of over 80 employees under the Hyzon umbrella. ORTEN’s employees are experienced in electrification, retrofitting, and bodybuilding, all critical elements of Hyzon’s FCEV build process.
Hyzon Motors aims to increase its own footprint in Germany, quite an interesting and growing market when it comes to zero emission commercial vehicles. The U.S. vehicle manufacturer announced the acquisition of one of the pioneers for the electrification of new and used commercial diesel vehicles, the ORTEN Group. More into details, Hyzon acquired ORTEN Betriebs GmbH and subsidiaries, and ORTEN Electric Trucks GmbH, German manufacturers of innovative truck and trailer bodies for the beverage industry. The transaction is expected to close in the fourth quarter, 2022.
Hyzon Motors makes a move to Germany
The acquisition brings three fully-operational production facilities and a team of over 80 employees under the Hyzon umbrella. ORTEN’s employees are experienced in electrification, retrofitting, and bodybuilding, all critical elements of Hyzon’s FCEV build process. Complementary product lines between Hyzon and ORTEN, in combination with ORTEN’s body and powertrain kits, provide a comprehensive solution for customers transitioning their fleets to zero emissions: vehicles up to 26 tons can be transitioned to ORTEN’s existing offering of battery electric vehicles, while the operational requirements of medium- and heavy-duty vehicles can be met with Hyzon’s FCEVs.
Statements from Hyzon and ORTEN
“We are proud to grow our team and our reach through such an esteemed and innovative provider of solutions in German logistics”, said Craig Knight, Hyzon Motors CEO. “We look forward to working with the ORTEN team to accelerate Germany’s move to zero emissions through hydrogen fuel cell technology, and to deepen the customer relationships ORTEN has in the beverage industry to include the potential of Hyzon FCEVs”.
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“Looking back on a history of nearly 100 years of bringing innovative solutions to our commercial and municipal customers, we are happy and proud to join forces with Hyzon to build a better future”, added Robert Orten, long term owner and CEO of the ORTEN group. “Being a first mover in the field of battery electric trucks, we now have the opportunity to scale up our proprietary electrification and body building know-how. I would like to express my gratitude to my employees, customers and suppliers and look forward to a successful cooperation with Hyzon”.
