Mr. George J. Coates and son Gregory G. Coates, majority owners of Advanced Hydrogen Power, Ltd. and Coates International Ltd. have signed a contractual agreement on April 2, 2025 to sell both companies for $400,000,000 USD
Coates International Ltd. (COTE) and Advanced Hydrogen Power, Ltd. have entered into a definitive agreement to be acquired by an undisclosed private bank for $400 million. The transaction, signed on April 2, 2025, includes the sale of both companies along with all their technologies and patents.
The deal structure allocates $300 million to the sellers, $75 million for working capital and expansion of the companies, and $25 million for broker fees. Current majority owners George J. Coates (CEO) and Gregory G. Coates (VP) will remain with the companies to establish manufacturing operations.
Coates International Ltd. (COTE) e Advanced Hydrogen Power, Ltd. hanno firmato un accordo definitivo per essere acquisite da una banca privata non divulgata per 400 milioni di dollari. La transazione, firmata il 2 aprile 2025, comprende la vendita di entrambe le società insieme a tutte le loro tecnologie e brevetti.
La struttura dell’accordo prevede 300 milioni di dollari per i venditori, 75 milioni di dollari per il capitale circolante e l’espansione delle aziende, e 25 milioni di dollari per le commissioni dei broker. Gli attuali proprietari di maggioranza George J. Coates (CEO) e Gregory G. Coates (VP) rimarranno nelle società per avviare le operazioni di produzione.
Coates International Ltd. (COTE) y Advanced Hydrogen Power, Ltd. han firmado un acuerdo definitivo para ser adquiridas por un banco privado no revelado por 400 millones de dólares. La transacción, firmada el 2 de abril de 2025, incluye la venta de ambas compañías junto con todas sus tecnologías y patentes.
La estructura del acuerdo asigna 300 millones de dólares a los vendedores, 75 millones de dólares para capital de trabajo y expansión de las empresas, y 25 millones de dólares para honorarios de corredores. Los actuales propietarios mayoritarios George J. Coates (CEO) y Gregory G. Coates (VP) permanecerán en las compañías para establecer operaciones de fabricación.
Coates International Ltd. (COTE)와 Advanced Hydrogen Power, Ltd.는 비공개 민간 은행에 의해 4억 달러에 인수되기로 최종 계약을 체결했습니다. 이 거래는 2025년 4월 2일에 서명되었으며, 두 회사와 모든 기술 및 특허의 매각을 포함합니다.
거래 구조는 판매자에게 3억 달러, 회사의 운전자본 및 확장을 위해 7,500만 달러, 중개 수수료로 2,500만 달러를 배정합니다. 현재 최대 주주인 CEO George J. Coates와 부사장 Gregory G. Coates는 제조 운영을 구축하기 위해 회사에 남을 예정입니다.
Coates International Ltd. (COTE) et Advanced Hydrogen Power, Ltd. ont conclu un accord définitif pour être acquis par une banque privée non divulguée pour 400 millions de dollars. La transaction, signée le 2 avril 2025, inclut la vente des deux sociétés ainsi que de toutes leurs technologies et brevets.
La structure de l’accord répartit 300 millions de dollars aux vendeurs, 75 millions de dollars pour le fonds de roulement et l’expansion des entreprises, et 25 millions de dollars pour les frais de courtage. Les propriétaires majoritaires actuels, George J. Coates (PDG) et Gregory G. Coates (VP), resteront dans les sociétés pour établir les opérations de fabrication.
Coates International Ltd. (COTE) und Advanced Hydrogen Power, Ltd. haben eine endgültige Vereinbarung getroffen, um von einer nicht genannten Privatbank für 400 Millionen Dollar übernommen zu werden. Die Transaktion, die am 2. April 2025 unterzeichnet wurde, umfasst den Verkauf beider Unternehmen einschließlich aller Technologien und Patente.
Die Struktur des Deals sieht 300 Millionen Dollar für die Verkäufer, 75 Millionen Dollar für Betriebskapital und Expansion der Unternehmen sowie 25 Millionen Dollar für Maklergebühren vor. Die derzeitigen Mehrheitsinhaber George J. Coates (CEO) und Gregory G. Coates (VP) bleiben bei den Unternehmen, um die Produktionsbetriebe aufzubauen.
- Significant acquisition deal valued at $400 million
- $75 million allocated for working capital and expansion
- Key management (George and Gregory Coates) to remain with companies
- All technologies and patents included in the deal
- Buyer identity not disclosed, creating uncertainty
- Limited details on future operational plans and strategy
Wall Township, NJ, May 16, 2025 (GLOBE NEWSWIRE) -- The majority owners Mr. George J. Coates, CEO and son Gregory G. Coates, VP of Advanced Hydrogen Power, Ltd. and Coates International Ltd. have signed a corporation’s business sale contractual agreement to sell their two companies and all technologies and patents for
The agreement dispersal
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