Hexagon Purus acquires Wystrach, adding industry leading hydrogen systems capacity to its platform, to accelerate the hydrogen transition
Hexagon Purus ASA (“Hexagon Purus”), a global leader in zero emission mobility solutions, has entered into an agreement to acquire 100% of Wystrach GmbH (“Wystrach”), a leading European systems and solutions provider for storage and transport of compressed gases (the “Transaction”). The combination brings unprecedented expertise and capacity together to create the vertically integrated industry leader in hydrogen storage solutions. Key terms of the Transaction · Purchase price of up to EUR 43.3 million based on an enterprise value of EUR 50.0 million · 35% of the purchase price