Who bought Xebec?

Ivys plans to leverage these assets to develop new products and services that address pressing environmental challenges. The company is dedicated to finding creative solutions that reduce emissions and promote sustainable development.

Ivys, Inc. has recently announced a significant acquisition in the climate technology sector. The company has acquired key climate-tech assets from Xebec Adsorption Inc., a move that underscores its commitment to advancing sustainable solutions.

The acquisition was facilitated by Enbridge, a strategic investor that shares Ivys' vision for a greener future. Together, they have secured a valuable portfolio of technologies and resources that will help drive innovation in the climate-tech space.

Xebec Adsorption Inc. is a well-known player in the field, renowned for its expertise in developing and commercializing gas separation and purification technologies. The assets acquired by Ivys will significantly bolster the company's capabilities in this area.

In addition to its acquisition strategy, Ivys is also focused on fostering partnerships and collaborations with like-minded organizations. By working together, the company believes it can achieve even greater impact in the fight against climate change.