Agility Fuel Systems and Hexagon Composites successfully close merger to create Agility Fuel Solutio

Agility Fuel Systems and Hexagon Composites successfully close merger to create Agility Fuel Solutions

ID: 498553

(Thomson Reuters ONE) -


PRESS RELEASE

Agility Fuel Systems, the leader in natural gas fuel systems for commercial
vehicles, and Hexagon Composites, the global leader in composite cylinders for
natural gas vehicles (NGVs), have finalized their merger effective October
3, 2016. The merger unites Hexagon Composites' CNG Automotive Products Division,
which includes medium- and heavy-duty vehicle composite cylinder manufacturing
operations and its bus systems, with Agility to form the new company, Agility
Fuel Solutions.

The new entity is owned equally by Hexagon Composites and Agility's current
investors. Agility Fuel Solutions, with its deep technical expertise, world-
class manufacturing capabilities and global footprint, is uniquely positioned to
transform the global medium- and heavy-duty industry with innovative clean fuel
technologies.

See attached press release by Agility Fuel Solutions for more information.

For more information:
Solveig D Saether, Communication Manager, Hexagon Composites ASA
Phone: +47 906 34 977 | solveig.saether(at)hexagon.no

Hexagon Composites ASA is a publicly listed company with its headquarters in
Aalesund, Norway. The Group develops and produces composite pressure cylinders
and systems for storage and transportation of various gases.

Follow us on Twitter: (at)HexagonASA


Agility Fuel Solutions Merger Close Press Release:
http://hugin.info/132600/R/2046483/764799.pdf



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Hexagon Composites ASA via GlobeNewswire






Weitere Infos zu dieser Pressemeldung:
Unternehmensinformation / Kurzprofil:
drucken  als PDF  an Freund senden  Amer Sports third quarter results to be published on October 20, 2016 Hexagon Composites ASA: Closing of the Agility Fuel Solutions transaction
Bereitgestellt von Benutzer: hugin
Datum: 04.10.2016 - 09:26 Uhr
Sprache: Deutsch
News-ID 498553
Anzahl Zeichen: 2000

contact information:
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Ã…lesund



Kategorie:

Business News



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