Skip to main content

News

px Group acquires German H2 specialists, LIFTE H2

px Group, the operator of several key UK and European infrastructure sites, has acquired a majority stake in LIFTE H2, the Germany-based one-stop shop for H2 engineering solutions.

LIFTE H2 is committed to driving Europe's green transition by engineering and delivering simple, safe and affordable H2 infrastructure solutions. The company guides its customers through every phase of their H2 transition, from generating H2 via electrolysis to its utilization in sectors like heavy transport. LIFTE’s executives and engineers bring extensive expertise in H2 technology, having previously worked on H2 and renewable energy projects for firms such as Shell, Uniper, E.ON, RWE, Siemens Energy and TÜV SÜD.

Recognized as a reliable collaborator within the European H2 landscape, LIFTE H2 maintains active roles in prominent industry bodies and associations, including Clean Energy Partnership, H2 Europe, Deutsches Institut für Normung, and Clean Port & Logistics, reinforcing our commitment to sustainable progress.

px Group and LIFTE H2 share a long-term vision for the role of sustainable infrastructure in the energy sector. px Group says there are opportunities to bolster LIFTE H2’s engineering team with its own engineering and operations expertise, as well as a potential to bring LIFTE H2’s H2 development knowledge to the UK to accelerate the applications of H2 in the UK. Together px Group and LIFTE H2 engineering team have 250 capable engineers for various H2 and energy transition projects.

This announcement delivers further growth into continental Europe for px Group, with the company already operating in Norway and activities being developed in the Netherlands, Germany, and Nordics.

Geoff Holmes, CEO of px Group said, “LIFTE H2’s ambitious team has built an industry-renowned and industry-trusted business from scratch. Its commitment to a safe, simple and affordable solutions fits closely with px Group’s commitments, and we’re looking forward to growing together.”

Murat Aydemir, px Group’s Managing Director for Germany said, “LIFTE H2 has delivered rapid growth and an excellent forward-pipeline of H2 projects and partnerships. With px engineering and LIFTE H2 together, we look forward to delivering engineering solutions to support even more H2 and energy transition projects.”

“Germany has one of the most – if not the most – developed H2 economies in Europe and is a leader in H2 transport infrastructure. However, the barriers to entry for H2 in Europe remain too high right across the value chain and right across the continent. LIFTE H2’s solution, which directly enables more investment into H2, is compelling and proven.”

Paul Karzel, Managing Director at LIFTE H2 said, “We’re excited to partner with px group. Our complementary strengths will help us to deliver more and, in addition to our current portfolio, larger projects in H2. This strategic alliance enhances the engineering capabilities of both sides in a complimentary way and unlocks resource efficiency in non-engineering related areas. Together, we’re here to make H2 projects happen, building on and enhancing what we have already done at LIFTE H2. With px Group’s experience in designing, operating and maintaining large process plants, and LIFTE H2’s in-depth H2 expertise, we form a dynamic alliance that will invigorate the H2 industry.”