# Worthington Enterprises and Hexagon Composites form joint venture for sustainable energy solutions

Worthington Enterprises sold 49% of its Sustainable Energy Solutions (SES) business segment to Hexagon Composites, forming a joint venture focused on gas storage and distribution for clean energy.

- Type: Partnership
- Announced: 2024-05-29
- Status: completed
- Products: gas storage and transport solutions
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Hexagon Composites](https://endata.com/companies/4148.md) (partner)
- [Worthington Enterprises](https://endata.com/companies/77692.md) (partner)

## Sources

- [ir.worthingtonenterprises.com](https://ir.worthingtonenterprises.com/news/news-details/2024/Worthington-Enterprises-Announces-Planned-Acquisition-of-Hexagon-Ragasco-and-Sustainable-Energy-Solutions-Joint-Venture-with-Hexagon-Composites/default.aspx), 2024-05-29: "The formation of the joint venture was completed today."
- [globenewswire.com](https://www.globenewswire.com/en/news-release/2024/05/29/2890050/0/en/Worthington-Enterprises-Announces-Planned-Acquisition-of-Hexagon-Ragasco-and-Sustainable-Energy-Solutions-Joint-Venture-with-Hexagon-Composites.html), 2024-05-29: "The formation of the joint venture was completed today, and the acquisition of Hexagon Ragasco is expected to close on or around June 3, 2024."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.