Add-on Acquisition • Machinery

Hexagon Composites Acquires Hexagon Ragasco AS

On October 1, 2001, Hexagon Composites acquired machinery company Hexagon Ragasco AS

Acquisition Context

This is Hexagon Composites’ 1st transaction in the Machinery sector.
This is Hexagon Composites’ 1st transaction in the United States.

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M&A Deal Summary
Date	October 1, 2001
Target	Hexagon Ragasco AS
Sector	Machinery
Buyer(s)	Hexagon Composites
Deal Type	Add-on Acquisition

Target Company

Hexagon Ragasco AS

Raufoss, United States

Hexagon Ragasco AS is a manufacturer of composite liquefied petroleum gas cylinders for industrial applications, home-users, and recreational activities.

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Buyer Overview 1

Buyer

Hexagon Composites

Ålesund, Norway

Category	Company
Founded	1985
Sector	Manufacturing
Employees	1,005
Revenue	4.9B NOK (2024)

DESCRIPTION

Hexagon Composites is a manufacturer and sale of high-pressure composite fuel cylinders with resin liner assembly and sale of high-pressure gas supply systems. Hexagon Composites was founded in 1985 and is based in Ålesund, Norway.

Deal Context for Buyer	#
Overall	1 of 1
Sector: Machinery	1 of 1
Type: Add-on Acquisition	1 of 1
Country: United States	1 of 1
Year: 2001	1 of 1

Explore Related M&A Activity

Machinery M&A - Add-on Acquisition M&A Deals - United States M&A - 2001 M&A