Sunfire GmbH’s Acquisition of IHT Industrie Haute Technologie SA

VISCHER advised Sunfire on this transaction.

Sunfire GmbH, the Dresden based leader in green hydrogen, has acquired IHT Industrie Haute Technologie SA, a Swiss alkaline electrolysis company.

With this expansion of its product portfolio, Sunfire continues to strengthen its position as a world-leading industrial electrolysis company.

The acquisition sees Sunfire take a 100 % stake in IHT. The company’s headquarters in Monthey, Switzerland, will continue to play an important role in the production of the stacks, which are the main component of the high-pressure alkaline electrolysers. In total, 240 MW of electrolysers were built based on IHT technology – the equivalent of more than 50,000 Nm3/h of hydrogen production. This year, IHT will supply and install Europe’s largest single-stack alkaline pressurised electrolyser to help regulate the power grid and produce green hydrogen for a project partner in Tyrol.

Established in 2010 and based in Dresden, Germany, Sunfire is a world-leading industrial electrolysis company with two differentiated technologies. They develop and manufacture electrolyzers based on SOEC and Alkaline technologies that enable a truly sustainable and cost-effective production of renewable hydrogen, syngas and e-Fuel.

IHT Industrie Haute Technology SA (IHT), based in Monthey, Switzerland, is engaged in the design, manufacturing and overhauling of water high-pressure electrolysers for the mass production of hydrogen.

The Vischer team was led by Gian-Andrea Caprez (Picture) and included Vincent S. Reardon, Christian Gutzwiller, Christoph Niederer, Veysel Oruclar and Jeannine Dehmelt.

Involved fees earner: Gian-Andrea Caprez – VISCHER AG; Jeannine Dehmelt – VISCHER AG; Christian Gutzwiller – VISCHER AG; Christoph Niederer – VISCHER AG; Vincent Reardon – VISCHER AG; Veysel Oruclar – VISCHER AG;

Law Firms: VISCHER AG;

Clients: Sunfire GmbH;