Hexagon Composites is a publicly listed company with its headquarters in Aalesund, Norway. It operates one of the world’s most advanced facilities for designing, testing and manufacturing all-composite cylinders for gas applications. It is a globally leading supplier in the industry and sets the standard for excellence in efficiency, safety and durability. In October 2016, the Company merged its CNG Automotive Products Division, which included medium- and heavy-duty vehicle composite cylinder manufacturing operations and its bus systems business unit, with Agility Fuel Systems to form Agility Fuel Solutions.
Hexagon Composites‘ wholly-owned subsidiary Hexagon Lincoln manufactures Mobile Pipeline® solutions for businesses, institutions and municipalities without access to the natural gas pipeline grid and Type 4 cylinders for compressed hydrogen gas products and compressed natural gas light-duty vehicles. Its wholly-owned subsidiary Hexagon Ragasco is the leading global supplier of lightweight Type 4 cylinders for liquid propane gas.
Element Partners is a leading growth equity firm dedicated to investing in established high-growth companies offering innovative solutions to energy, industrial, and environmental challenges. Element strives to become a long-term partner with passionate business leaders who have built pioneering companies. Element has a long history of providing its companies with the financial resources, industry contacts, and strategic insights necessary to maximize growth and shareholder return.
Since 1995, Element’s team has successfully managed over $1.25 billion in capital commitments spanning six investment partnerships. All of these partnerships have been focused on investing in and profitably growing energy, industrial, and environmental related businesses. Over the course of more than fourteen years, the principals of Element have collectively invested in over 100 clean technology companies, making Element one of the earliest and most experienced alternative energy and clean technology investors.
Cummins Inc., a global power leader, is a corporation of complementary business units that design, manufacture, distribute and service diesel and natural gas engines and related technologies, including fuel systems, controls, air handling, filtration, emission solutions and electrical power generation systems. Headquartered in Columbus, Indiana, (USA) Cummins currently employs approximately 55,400 people worldwide and serves customers in approximately 190 countries and territories through a network of approximately 600 company-owned and independent distributor locations and approximately 7,400 dealer locations. Cummins earned $1.39 billion on sales of $17.5 billion in 2016.