Hyzon Motors signs definitive agreement to acquire Orten Betriebs and subsidiaries, and Orten Electric Trucks.

Auto Business News-June 16, 2022--Hyzon Motors signs definitive agreement to acquire Orten Betriebs and subsidiaries, and Orten Electric Trucks

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Auto Business News - 16 June 2022

Hyzon Motors, a US-based company that provides zero-emissions hydrogen and fuel-cell powered commercial vehicles, has signed definitive agreement to acquire Orten Betriebs GmbH and subsidiaries, and Orten Electric Trucks GmbH, Germany-based manufacturers of truck and trailer bodies for the beverage industry.

The deal is likely to be completed in the fourth quarter, 2022.

Hyzon stated that the acquisition brings three completely operational production...

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