Advent Mergers and Acquisitions Presentation Deck
Transaction Overview
Advent Technologies has acquired UltraCell, LLC from Bren-Tronics, Inc.
Business Overview
Key Transaction Terms
Transaction Type: Cash Acquisition of Membership Units
Purchase Price: Undisclosed
Headquarters: Livermore, CA
Founded: 2002 (UltraCell Corp.
Assets Acquired by Bren-Tronics,
Inc. in 2011)
UltraCell
HIGH POWER MICRO FUEL CELLS™
AN ADVENT COMPANY
Overview of Business:
Manufacturer of compact, lightweight and efficient fuel cell
based power solutions for portable electronic devices
Hundreds of systems, having passed stringent military testing,
currently being deployed in the field being used under
extreme conditions
Leader in the field of methanol-based fuel cell technology
Early adopter and current customer of Advent HT-PEM
Closing: Deal closed February 18, 2021
www.advent.energy
●
●
UltraCell will remain in Livermore, CA
maintaining its "Made in USA" label
lan Kaye, General Manager and Senior Vice
President of Product Development for Advent lan
will continue to run the UltraCell business while
helping to expand the Advent product line
ADVENT
3View entire presentation