Hexagon to acquire stake in an advanced liquid gas storage technology company, enhancing its portfolio of clean fuel solutions
April 21, 2022: Hexagon Composites, a world leading designer and manufacturer of clean fuel solutions for commercial vehicles, signed an 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). The Hexagon Group today provides compressed natural gas (CNG), including renewable natural gas (RNG), compressed hydrogen and battery-electric systems as part of its portfolio of clean fuel solutions. Liquid storage of renewable natural gas (LNG)