Xebec acquires Green Vision for Euro 82 million

Xebec Adsorption, Inc. has completed the acquisition of Green Vision Holding BV, the parent company of HyGear Technology and Services BV, for an aggregate sum of Euro 82 million, with the assumption of Euro 18.4 million in net debt. The acquisition was carried out by way of a cash payment of Euro 42 million and the issuance of 10,014,364 common shares of Xebec.