HH2E AG has achieved a significant milestone in its Mergers & Acquisitions (M&A) process, with binding takeover offers submitted within the designated timeframe. This underscores the strong business potential of HH2E and confirms the success of its restructuring strategy. Signing is planned for the end of February.
Peter Blauwhoff, Chief Operating Officer of HH2E AG, expressed gratitude to the team: “We want to extend our deepest thanks to all our colleagues at HH2E for their exceptional commitment, especially during these challenging times. Their expertise, experience, and tireless positive team spirit throughout the M&A process have clearly demonstrated that HH2E is excellently positioned to play a key role in the German energy transition.”
The M&A process is being conducted in collaboration with Ernst & Young (EY) and the legal experts from GÖRG law firm, under the supervision of the preliminary trustee, Dr. Gordon Geiser (GT Restructuring), appointed by the Berlin-Charlottenburg District Court.
HH2E is one of Europe’s leading platforms for green hydrogen production. The planned large-scale industrial production facility, HH2E-Werk Lubmin, is progressing for a Final Investment Decision (FID). Additionally, during the M&A process, the HH2E-Werk Thierbach received the BImSchG permit from the Saxony State Directorate – one of the few complete permits for the production of green hydrogen in Germany.
For media queries:
Luis Ramos, Head of Communications, HH2E AG
M: +49 152 56975341 ; Email: luis.ramos@hh2e.de
For investor queries:
Gabor Stolmar, Senior Manager, EY Strategy & Transactions GmbH
M: +49 160 93912868 ; Email: Gabor.Stolmar@de.ey.com