The investment holding Exceet Group SCA is acquiring 100% of the shares in APEX Group, Rostock-Laage, a leading developer and operator of green hydrogen electrolysis plants for the decarbonization of industry, infrastructure and the mobility sector. Upon completion of the transaction, APEX will be listed on the stock exchange under the Exceet umbrella. APEX will receive around EUR 87 million in fresh capital as part of the transaction.
APEX has focused entirely on hydrogen electrolysis plants since 2012, making it one of the pioneers in this field. The aim is to become an internationally established developer and operator of hydrogen plants. In its core business, APEX develops, builds and sells or operates green hydrogen electrolysis plants for the decarbonization of industry, infrastructure and the mobility sector, thus covering the entire value chain for hydrogen plants. APEX focuses on hydrogen plants with an electrolysis capacity of less than 1 GW.
These are used to decarbonize industrial value chains and produce green hydrogen and hydrogen derivatives such as LOHC (liquid organic hydrogen carriers) and e-fuels. They can be used, for example, in the steel, chemical and cement industries as well as other energy-intensive industries. The company also offers systems for infrastructure and logistics, particularly for industrial use in warehouses, ports and production facilities. The solutions are developed at the company's Rostock/Laage site, where more than EUR 50 million has already been invested in its own state-of-the-art industrial park. APEX's project pipeline currently comprises around 50 projects with a total electrolysis capacity of more than 1.7 GW. Since 2020, APEX has been operating one of the largest grid-connected hydrogen plants in Europe in Rostock, whose electrolysis capacity is to be increased from the current 2 MW to up to 22 MW by 2025.
