Offers Invited
Hilco are pleased to offer for sale the business and assets of a specialist in advanced carbon capture technologies designed to help industries reduce emissions, meet regulatory targets, and transition toward net-zero operations. Founded in 2017, with R&D and project development spends >$20m+, the Company and a project development company, wholly owned by the Company, have developed a modular carbon capture and utilisation approach. This is a unique opportunity to acquire the business and assets of a Company with a proven track record in research, development, and deployment.
Cutting Edge Technology: In 2019, the Company delivered a modular scalable carbon capture industrial pilot system, and then in 2024, the project development company, wholly owned by the Company, designed the ‘WhiteBox’ for commercialisation and project financing. The ‘WhiteBox’ system is designed for CO2 capture from industrial exhaust streams and other emission sources, for conversion into useful sustainable products such as sodium bicarbonate (baking soda). Efficacy, cost profile, and scalability are subject to site-specific engineering. The Company’s R&D pipeline has been ongoing; the technology is highly scalable and adaptable to multiple sectors.
Sustainability Credentials: The design targets a significantly smaller footprint and lower energy usage (electricity and recycled wastewater).
Proven Pilot Plant: The Company’s modular carbon capture and utilisation pilot at a plant operated by a major multinational food and drink processing corporation in Pretoria, South Africa, proved its effectiveness in converting waste emissions into baking soda with testing and performance data. The project development company, wholly owned by the Company, designed the ‘Whitebox’ for commercialisation and project financing.
Project Development: Principal terms in place for major facility in US, final terms subject to site development and detailed design work being agreed. Agreements close to completion for a similar plant in South Africa. Significant potential pipeline of future projects.
Experienced Team & Sector Connections: The Company worked with various leading global industry experts, holding commercial relationships in key markets, including product distribution.
Growth Potential: Rising global demand for emissions reduction solutions presents a strategic opportunity to expand into new international markets, and significant potential for additional partnerships with multinational corporations and governments.
Intellectual Property: The intellectual property of the Company in Liquidation to include the designs of the 2019 pilot plant, the content in the websites (domains under separate ownership), databases, testing and performance data of the 2019 pilot plant. Three patents filed in the following areas: (1) digital twin chemical plant management, (2) the production of ammonia, and (3) the production of sodium bicarbonate.
Pilot Plant and Laboratory Equipment: The decommissioned pilot plant and specialist laboratory/testing equipment that validates crystal size and purity of produced product.
Joint Ventures: Agreements to (1) to potentially co develop waste-to-fuels sites (inactive) (2) develop polluted sites (not being progressed but contract in place) and (3) pursue the development of desulphurisation sites.
Shareholdings: Assets held by the project development company, wholly owned by the Company in Liquidation, include:
Goodwill: The valuable goodwill attaching to the Company and its ownership in the other holdings, including the project development company’s ‘WhiteBox’ design for project financing and commercialisation.
On receipt of a signed non-disclosure agreement (NDA) access will be provided to a virtual data room housing additional information. To access the NDA please click the link, sign and return via email to apercival@hilcoglobaladvisors.co.uk.
No warranties, express or implied, are provided in relation to any information or statements made in connection to this opportunity. The information contained herein, and within the project dataroom, has not been verified by Hilco and prospective purchasers must undertake their own due diligence to satisfy themselves as to the accuracy of all such information and any statements made. Hilco acts as agent for the Vendor who offers for sale only such right, title and interest the Company possesses in the assets.
Senior Director
London Office
