Worthington Enterprises to acquire Hexagon Ragasco for $98M

Worthington Enterprises signed an agreement to acquire 100% of Hexagon Ragasco, a Norwegian manufacturer of LPG composite cylinders, for approximately $98 million. The acquisition is expected to close on June 3, 2024.

“Worthington plans to acquire Hexagon Ragasco, a global market leader in lightweight, customizable LPG composite cylinders... for approximately $98 million.”ir.worthingtonenterprises.com

• 2 sources
• ir.worthingtonenterprises.comWorthington Enterprises, Inc. - Worthington Enterprises Announces Planned Acquisition of Hexagon Ragasco and Sustainable Energy Solutions Joint Venture with Hexagon CompositesMay 29, 2024
• globenewswire.comWorthington Enterprises Announces Planned Acquisition of Hexagon Ragasco and Sustainable Energy Solutions Joint Venture with Hexagon CompositesWorthington Enterprises, Inc.May 29, 2024

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