Haffner Energy acquires Jacquier to strengthen industrial development in RE sector

PARIS, FRANCE: Haffner Energy announced the acquisition of Jacquier, a family-owned industrial boilermaking and general mechanics company based in the Marne region of France.

This strategic acquisition builds upon their existing partnership since 2017 and will support Haffner Energy’s continued growth in the decarbonation solutions market.

The acquisition of Jacquier provides Haffner Energy with enhanced production and assembly facilities to meet the rising demand for decarbonization solutions both in France and internationally. By securing these new resources, Haffner Energy takes a significant step forward in its industrial development, affirming its strategic goals and commitment to revitalizing industrial sectors in France.

The collaboration between the two companies began in 2017 when Jacquier became Haffner Energy’s primary subcontractor for the initial industrialization phase of its HYNOCA® process, an innovative technology for renewable hydrogen production. Over the years, the two family-owned businesses have strengthened their relationship, with Haffner Energy emerging as one of Jacquier’s key customers, relying on the company to manufacture and assemble critical components for HYNOCA® modules.

Jacquier, founded by Emile Jacquier in Frignicourt in 1969, has established a strong reputation in boiler making, general mechanics, and precision machining over its five-decade history. The company specializes in designing, engineering, and manufacturing custom industrial equipment for clients in France and abroad.

With a focus on innovation and employee skill development, Jacquier has adapted to market trends and invested in modern equipment. Its 2,500m² facility houses seven overhead traveling cranes and a machine park comprising 23 units operated by a skilled team of eight employees.

Through the acquisition of Jacquier and its industrial building, Haffner Energy ensures job security for existing employees and maintains ongoing contracts. The company expresses its confidence in Jérôme Rat, the grandson of founder Emile Jacquier, who currently serves as the production manager and will continue in his role.

The integration of Jacquier provides Haffner Energy with technical expertise in process validation, expanded technology testing capabilities, improved quality control, cost management of delivered modules, and enhanced protection of intellectual property.

The acquisition of Jacquier also contributes to the preservation and development of the local industrial fabric. It strengthens Haffner Energy’s industrial and commercial capabilities while ensuring the transmission, continuity, and growth of Jacquier as a family business.

The transaction, valued at 880,000 euros, reinforces the economic and industrial dynamism of the Vitry region. By acquiring a company in close proximity to its headquarters and within an area designated with the “Territoires d’industrie” label, Haffner Energy aligns with the objectives of regional reindustrialization outlined in the French President’s industrial recovery plan presented on May 11.

Philippe Haffner, Chairman and CEO of Haffner Energy, and Marc Haffner, Deputy CEO and CTO, both co-founders, expressed their satisfaction with the acquisition. They emphasized the shared family history, entrepreneurial DNA, and strong attachment to the Vitry-le-François region, as well as their commitment to contributing to decarbonization and sustainable economic models.

Haffner Energy is determined to address the challenges of climate change and believes that solutions must be developed at the heart of local territories. The acquisition of Jacquier reinforces their dedication to driving the transition to a more sustainable and eco-friendly economy.

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