Hexagon successfully completes 40 percent acquisition of Cryoshelter
(Oslo, 1 August, 2022) Reference is made to the stock exchange announcement by Hexagon Composites on 21 April 2022, regarding the agreement to acquire a 40% stake in Cryoshelter GmbH, an Austria based company specialized in the development of cryogenic tank technology for liquid (renewable) natural gas (LNG) and liquid hydrogen (LH2). Hexagon is pleased to announce that the transaction has been successfully completed, and Hexagon Composites now owns 40% of Cryoshelter's liquid (renewable) natural gas (LNG) business, with options to buy remaining interests over the next 3-10 years. The