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  5. Hexagon Composites Acquires Hexagon Ragasco AS

M&A Deal Summary

Hexagon Composites Acquires Hexagon Ragasco AS

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

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

M&A Deal Summary
Date 2001-10-01
Target Hexagon Ragasco AS
Sector Machinery
Buyer(s) Hexagon Composites
Deal Type Add-on Acquisition

Target

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(S) 1

Buyer

Hexagon Composites

Ålesund, Norway
Category Company
Founded 1985
Sector Manufacturing
Employees1,005
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 STATS #
Overall 1 of 1
Sector: Machinery M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2001 M&A 1 of 1
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