(CercleFinance.com) – McPhy announced on Monday that it had received a binding offer from Atawey for the sale of its charging stations business, an operation whose amount should be between 11 and 12 million euros.
This announcement comes as the specialist in hydrogen production and distribution equipment began ‘exclusive negotiations’ last December with the Savoyard company, which manufactures decentralized hydrogen energy solutions.
As a reminder, the supply of stations represented 27% of McPhy’s turnover in 2023.
‘Today’s announcement constitutes positive news,’ reacted RBC analysts in a note released in the morning, stressing that its amount is higher than the estimates it had been able to establish.
‘At the fundamental level, the operation will allow the French manufacturer to concentrate its operational and commercial efforts on its electrolysers, which generate the majority of its growth,’ adds RBC.
On the Paris Stock Exchange, McPhy shares rose 1.7% Monday morning in early trading.
The fixed part of the price envisaged for the sale should be between 11 and 12 million euros, to which could be added a variable part of up to several million euros depending on the taking of future orders.
The transaction is expected to be finalized during the second quarter of 2024.
McPhy plans to reveal its 2023 annual results on March 7.