Binder Grösswang advised MPREIS on the sale of MPREIS Hydrogen GmbH to Tyczka Hydrogen GmbH

Binder Grösswang successfully advised Tyrolean food retailer MPREIS on the sale of MPREIS Hydrogen GmbH, which is active in the field of hydrogen production and marketing, to Tyczka Hydrogen GmbH.

In recent years, MPREIS has played a pioneering role in the field of hydrogen technology at its site in Völs/Tyrol and has made a sustainable contribution to the energy transition with its production of green hydrogen. With the completion of the transaction, Tyczka Hydrogen acquires the shares in MPREIS Hydrogen GmbH and will continue to operate the hydrogen plant, the business, and the team of experts as usual. The transaction is the result of a long-standing, trusting cooperation between the two family-run companies in the field of hydrogen production and marketing. The two companies have agreed not to disclose the purchase price. The completion of the transaction is still subject to a few conditions precedent, which are expected to be fulfilled in the near future.

The Binder Grösswang deal team consisted of Mag. Mona Graf, MMag. Gottfried Gassner (both partners) and trainee lawyer Mag. Florian Höllebauer (all Corporate/M&A).

Tyczka Hydrogen GmbH was advised on the buyer side by BEURLE Rechtsanwälte under the leadership of Hermann Beurle, LL.M. (corporate law/M&A).

MPREIS is a Tyrolean food retailer with stores in Tyrol, Vorarlberg, Salzburg, Carinthia, Upper Austria, and South Tyrol. The family-owned company employs over 5,100 people and operates several distribution channels, a production facility for bread and pastry specialties, and a butcher's shop in Völs, Tyrol.

Tyczka Hydrogen focuses on the production of hydrogen and supplying customers in the industrial, mobility, and research and development sectors. To this end, Tyczka Hydrogen covers the entire value chain for its customers, from hydrogen production, compression and filling, transport and logistics, to refueling and application technology.