Worthington completes acquisition of Hexagon Ragasco

Worthington Enterprises announced the closing of its planned acquisition of Hexagon Ragasco. The business is a global leader in lightweight, customizable LPG composite cylinders used for leisure, household and industrial applications. Andy Rose, president and CEO, Worthington Enterprises, said, “We are excited to welcome the Hexagon Ragasco employees into Worthington Enterprises. We believe Hexagon Ragasco complements our existing cylinder business and accelerates our position in the global propane market. Their composite cylinders are advancing the use of clean fuels as part of the global energy transition especially in developing countries with limited infrastructure.”